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    251 8Th St Oakland, CA 94607

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    For Sale
    $4,500,000

    Renovated office building with flexible zoning and convenient location.

    Property size:
    15,031 SF
    Lot size:
    0.13 Acres

    Property Features for 251 8Th St

    General Information

    Size
    15,031 SF
    Lot size
    0.13 Acres

    Source: Newmark | Oakland Agent Tom Limon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Office Building For Sale

    The property at 251 8th Street, Oakland, was converted from a clothing manufacturing use to office space on the 2nd and 3rd floors in 2018. The ground floor has remained vacant since this conversion. The 2nd and 3rd floor office space features a modern, yet rustic brick and timber aesthetic. The neighborhood zoning is D-LM-4, offering a flexible variety of commercial and residential uses adjacent to the downtown core. The property provides excellent access to public transportation and is very walkable, with proximity to both Lake Merritt & 12th Street BART stations, major attractions in and around Chinatown, Jack London Square, Downtown, and Alameda, with easy freeway access. The 2018 renovations included major capital upgrades: a new seismic retrofit, new passenger elevator, new electrical system, new plumbing, new HVAC system, fire suppression system, new windows, ADA upgrades, Title 24 upgrades, and a new building security system. The property size is 15,031 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2693573
    Latitude
    37.7982331

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    FAQs

    What type of property is this?
    Office building - Renovated office building with flexible zoning and convenient location.
    Where is this office building located?
    The property is located at 251 8Th St Oakland, CA.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Extensive 2018 renovations including seismic retrofit, new elevator, electrical, plumbing, HVAC, fire suppression, windows, ADA & Title 24 upgrades, and a new security system.; - Flexible D-LM-4 zoning allowing for a variety of commercial and residential uses.; - Excellent access to public transportation (Lake Merritt & 12th Street BART) and walkable to major attractions.
    (510) 923-6200
    Request Owner's contact information
    251 8Th St Oakland, CA 94607
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    Oakland, CA 94607
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    251 8Th St Oakland, CA 94607
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