$1,690,000
For Sale

2303 MLK Jr. Way

Oakland, CA 94612
Listing OfficeMetropolitan Realty
Browse 21 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

2303 and 2311 Martin Luther King Junior Way, Oakland, CA 94612. I just listed these 2 vacant warehouses in downtown Oakland. The total space is 10,000 sq ft. Call me for more information These unique properties near downtown Oakland offer an exciting opportunity for developers and investors looking to create a mixed-used workspace or Live/work area in a prime location. Since the building is near BART, the city exempts parking requirements and is also in the Federally designated Opportunity Zone, which provides investors with an attractive tax-deductible benefit. The property consists of 2 adjacent warehouses, each measuring 5000 sq ft., providing a 10,000 sq ft. combined structure. Architectural drawings are available for 10 live/work units for each building. These pre-existing plans offer a significant advantage, potentially streamlining the development process and reducing initial design costs. Since they are located in Oakland, the live/work concept is particularly suited to Oakland's vibrant creative community, catering to artists, entrepreneurs, and professionals who desire a seamless integration of their living and working spaces. While not located in the "Green Zone" for cannabis-related businesses, this property still offers m

  • Property Details
      • Acres0.11
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1946
  • Community and Neighborhood Details
      • CountyAlameda
  • Financial Details
      • Original List Price$1,690,000
      • Taxes Annual$12,000
  • Other
      • MLS #41066447

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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