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Historic Mixed-Use Flex Building
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401 Alice Street, Oakland, CA 94607

Historic mixed-use flex building zoned C-45/S-4 with partial vacancy for an owner-user or a new tenant.

Property Size13,895 SF
Days on Market64

Property Features for 401 Alice Street

General Information

Standard status Active
Size 13,895 SF
Property subtype Industrial
Zoning C-45/S-4
Occupancy 77%

Building Details

Year Built 2018
Tenancy Multi
Listing Agency: Lee & Associates - Oakland
Listed By: Craig Hagglund · License #CA 01090730
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 6 at 10:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Oakland

Investment Insights

Based on property information with market context.

The property at 401 Alice Street is a historic, mixed-use flex building offered in fee simple. The 13,895± SF structure underwent extensive tenant improvements and renovations following its acquisition in 2018, and it is currently operated as a multi-tenant asset with a total of two tenants. The property is 77% leased, with one remaining vacancy of 3,254± SF.

Zoned C-45/S-4, the building is located in the heart of Jack London Square, positioning it for businesses seeking a central, established setting within Oakland.

For a buyer, the current leasing structure provides a straightforward path to occupancy flexibility: the available space can be used by an owner-occupant or leased to a new tenant, with the goal of reaching full occupancy. With the building already renovated and improved for leasing, it may appeal to investors looking for an NNN-oriented acquisition with an immediate leasing objective, or to qualified owner-users seeking space in a historic, mixed-use setting.

Key Highlights

  • 13,895± SF historic mixed‑use building, year built 2018
  • Zoned C‑45/S‑4
  • Currently 77% leased with One (1) 3,254± SF vacancy

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Restaurant Tanning Salon Clothing & Fashion Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

77%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,456
Businesses Nearby
Balanced
Demand for This Use

Demographics for 94607, CA

31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Historic mixed-use flex building zoned C-45/S-4 with partial vacancy for an owner-user or a new tenant.
Where is this flex space located?
The property is located at 401 Alice Street Oakland, CA.
What are key features of this property?
This property features: 13,895± SF historic mixed‑use building, year built 2018; Zoned C‑45/S‑4; Currently 77% leased with One (1) 3,254± SF vacancy
(925) 330-2198 Call to check price and availability
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