840 Pine StOakland, CA 94607

  • Industrial properties
  • 1,716 SF
For Sale
$599,000 View listing

Property Details for 840 Pine St

Year built
1946
Lot size
0.04 AC
Property size (Sq ft)
1,716 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
6-35-65
APU
63565

Description

This exceptional 1,716 square foot industrial warehouse, situated on a 0.04-acre lot in the burgeoning West Oakland area, presents a remarkable investment opportunity. Previously used for legal cannabis operations, this vacant property is zoned HBX/Multi-Use, offering a diverse range of potential uses. The main level features a spacious open-plan layout, ideal for various commercial ventures, complemented by two convenient bathrooms. An interior staircase leads to a second-level bonus area (approximately 300 square feet, buyer to verify) with two additional rooms and an unfinished bathroom. The building boasts robust construction, including cinder block interior walls and corrugated metal exterior sheeting over wood. A significant advantage is the 400-amp electrical service with two meters. Recent improvements include fresh paint on the lower level's interior and a stylish exterior color scheme. The property's proximity to key transportation hubs is another compelling feature: BART is 0.7 miles away, Downtown Oakland is 2 miles, and the SFO Toll Plaza is 2.5 miles. Design drawings are available for a potential renovation project envisioning two separate loft-style units on the upper level, each with a kitchen and bathroom (permitting is the responsibility of the buyer). This property is ready for its next chapter, offering a blank canvas for a creative entrepreneur or investor.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $526,589
    Hospitality
    $482,353
    Educational
    $401,312
    Medical
    $415,113
    Retail
    $624,263
840 Pine St, Oakland, California
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Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.8092
Longitude
-122.303
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$9,878
$56,944
$145,524
$202,468
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