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247 4th St Ste 110 Oakland, CA 94607-4303

OFF-MARKET Industrial properties Google Maps
2,130 SF 0.34 ac lot Built 1923
Entity Owned 30-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$255k
Range $230k – $281k (±10%)
Property ID US09-7905957

Property summary

AI-generated overview

This exceptional 3,076 square foot creative office space is located at 247 4th Street in Oakland, California's vibrant Jack London Waterfront District. The property, classified as a Class B building, offers a unique and stylish workspace ideal for a variety of businesses. The entire space is currently vacant and available for immediate occupancy. The open floor plan features attractive finished concrete floors and pillars, creating a modern and industrial aesthetic. The unit includes a striking floor-to-ceiling glass conference room, perfect for client meetings or presentations. Two additional breakout meeting rooms, each with glass walls, provide flexible spaces for smaller gatherings or collaborative work. Ample storage is provided by a dedicated storage/file room. A convenient break room is also included for employee use. Adding to the unique character of the space is an open mezzanine overlooking the main floor, offering additional workspace or a potential reception area. The property is currently available for both sale and lease. There are no parking spaces included with the property. The zip code is 94607.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1923
Construction CONCRETE
Total area 2,130 SF
Lot 0.34 ac (15,021 SF)
APN 1-155-16
UPID US09-7905957

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Recording Studio
  • Recording Studio
  • Recording Studio
  • Nursing Home Retirement Community

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
Last sale
$175,000
1 recorded transaction
2025
$175,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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