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    3450 Lakeshore Ave Oakland, CA 94610

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    For Sale
    $1,198,000

    Two-story commercial building in Oakland's desirable Lakeshore neighborhood.

    Property size:
    3,753 SF
    Lot size:
    0.05 Acres

    Property Features for 3450 Lakeshore Ave

    General Information

    Size
    3,753 SF
    Lot size
    0.05 Acres

    Building Details

    Year built
    1964

    Source: URBAN GROUP REAL ESTATE Agent LOUIS CORNEJO

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

    Overview

    Lakeshore Avenue Mixed-Use Building

    Located in the heart of Oakland's highly desirable Lakeshore neighborhood, 3450 Lakeshore Avenue is a two-story commercial building suitable for owner-users. The property features a flexible mixed-use layout within a vibrant retail corridor known for its strong pedestrian traffic and enduring demand. The building includes nine commercial units, consisting of two ground-floor retail spaces and a mix of private offices above. Six long-term tenants are in place on month-to-month leases, providing immediate income and flexibility for repositioning. Additionally, three vacant offices at closing offer an opportunity for owner occupancy or strategic leasing. The property benefits from excellent visibility, easy access to public transit and major freeways, and proximity to top national and local tenants such as Trader Joe's, Gap, Peet's Coffee, and Arizmendi Bakery. The property offers both stability and growth potential. The 3,753 square foot asset presents an exceptional opportunity for value-add investors, owner-users, or 1031 exchange buyers seeking a foothold in one of Oakland's most active commercial districts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pedicab Outdoor Advertising Agency Boutique Travel Travel Agency Lakeshore-Trekkers Travel Cruise Agency Stella Musleh Photography Photographer Angela L. Darby: ... Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -122.2422056
    Latitude
    37.8112341

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story commercial building in Oakland's desirable Lakeshore neighborhood.
    Where is this mixed-use property located?
    The property is located at 3450 Lakeshore Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,198,000.
    What are key features of this property?
    This property features: - Prime Lakeshore Avenue location in a high-traffic retail corridor.; - Mixed-use building with two ground-floor retail spaces and office units.; - Immediate income from six long-term tenants on month-to-month leases.
    (415) 863-1775
    Request Owner's contact information
    3450 Lakeshore Ave Oakland, CA 94610
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    Oakland, CA 94610
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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
    3450 Lakeshore Ave Oakland, CA 94610
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