1007 Clay St Oakland, CA 94607-4025
- Investment properties
- 28,320 SF
- 0.22 lot acres
Current Use by Public Records
- LibertyX Bitcoin ATM / Atm
Property Details for 1007 Clay St
- Year built
- 1910
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 28,320 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 2-35-8
- APU
- 2358
Description
This exceptional 6,137 square foot space, located at 1007 Clay Street in Oakland, CA 94607, presents a unique opportunity for a variety of retail or restaurant uses. The property boasts a highly visible corner location at the intersection of Clay and 10th Streets, in the heart of Downtown Oakland's vibrant culinary and commercial scene. The space is currently configured as a fully built-out restaurant, featuring a complete kitchen, ample back-of-house area, restrooms, and a bar/dining area with capacity for up to 252 seats. High ceilings add to the space's impressive character. The property benefits from its proximity to a wealth of amenities, including over 4,000 recently completed residential units, a Marriott Hotel and Convention Center just half a block away, and the 12th Street BART station (a 10-minute ride to San Francisco) two blocks away. The location is also adjacent to Old Oakland, home to popular establishments such as Swan's Market, Blue Bottle Coffee, Sweetgreen, Square Pie Guys, Matty's, and Popoca. With over 400 new hotel rooms approved or proposed nearby, this location offers exceptional growth potential. The space can be demised to accommodate various uses, with separate entrances and common area restrooms available. A sidewalk seating or parklet option is also available, subject to City of Oakland approval. Existing fixtures, fittings, and equipment (FFE), including a hood and walk-in, are included. This is a turnkey opportunity in a rapidly developing area of Oakland.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,738,000
- AI Estimate
- $3,001,000
Market price range: $4.74M - $11.5MMarket price range: $2.01M - $12.7M
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Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.275
- Latitude
- 37.8029
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA