355 Grand Ave Oakland, CA 94610
- Investment properties
- 11,000 SF
- 0.14 lot acres
Current Use by Public Records
- Mc Cracken & Woodman / Consultant / Mechanical Engineer
Property Details for 355 Grand Ave
- Year built
- 1949
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.14 lot acres
- Property size
- 11,000 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 10-767-2
- APU
- 107672
Description
This 11,000 square foot office building at 355 Grand Avenue, Oakland, CA 94610, offers versatile spaces ideal for various business types. Currently, 5,080 square feet are available, divisible into units as small as 950 square feet, with a maximum contiguous space of 5,080 square feet. The building features three total suites, providing options for businesses of different sizes. Located in the Adams Point submarket of Lake Merritt, this property boasts convenient access to multiple public transportation lines, a dedicated bike path, and ample street parking. The building's historical charm is complemented by modern amenities including high ceilings, abundant natural light, and open floor plans. Each suite offers a walk-up entry and access to common area restrooms. The location provides easy access to a variety of nearby amenities, including Lakeside Park, numerous restaurants (such as Enssaro Ethiopian, Kinja Sushi, Jonga Korean, and Guru Curry), cafes (including 1888 Coffee Station), and bars (like Room 389 and the Oasis Lounge). Downtown, Uptown, Grand Lake, and Lakeshore are all within a 15-20 minute walk. The property's address is 355 Grand Ave., Oakland, CA 94610, and its APN is 010-0767-002-00. This location offers a unique blend of historical character and modern convenience, making it an exceptional opportunity for businesses seeking a vibrant and accessible Oakland location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $365,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $415,000
- Mixed-Use
- $335,000
- Hospitality
- $385,000
- Educational
- $405,000
- Residential Income
- $410,000
- Energy
- $365,000
- Income-Based Land
- $340,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.256
- Latitude
- 37.8086
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA