$1,690,000
2303 MLK Jr. Way Oakland, CA 94612
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$1,690,000
Est. payment /mo
4,791 Sqft Lot
Active
2303 MLK Jr. Way Oakland, CA 94612
UPDATED:
09/30/2024 06:50 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41066447
HOA Y/N No
Year Built 1946
Annual Tax Amount $12,000
Lot Size 4,791 Sqft
Property Description
2303 and 2311 Martin Luther King Junior Way, Oakland, CA 94612. I just listed these 2 vacant warehouses in downtown Oakland. The total space is 10,000 sq ft. Call me for more information These unique properties near downtown Oakland offer an exciting opportunity for developers and investors looking to create a mixed-used workspace or Live/work area in a prime location. Since the building is near BART, the city exempts parking requirements and is also in the Federally designated Opportunity Zone, which provides investors with an attractive tax-deductible benefit. The property consists of 2 adjacent warehouses, each measuring 5000 sq ft., providing a 10,000 sq ft. combined structure. Architectural drawings are available for 10 live/work units for each building. These pre-existing plans offer a significant advantage, potentially streamlining the development process and reducing initial design costs. Since they are located in Oakland, the live/work concept is particularly suited to Oakland's vibrant creative community, catering to artists, entrepreneurs, and professionals who desire a seamless integration of their living and working spaces. While not located in the "Green Zone" for cannabis-related businesses, this property still offers m
Location
State CA
County Alameda
Zoning RU-4
Interior
Fireplace No
Exterior
Roof Type Tar/Gravel
Listed by Gary A. Robinson • Metropolitan Realty
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