For Sale
$2,750,000

2100 Lakeshore AveOakland, CA 94606

Oakland Lakefront Office Building, 7,817 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7,817 square foot Class B executive office building, located at 2100 Lakeshore Avenue in Oakland, California, presents a compelling investment opportunity. Built in 1923, this multi-tenant property boasts a prime location directly across from Lake Merritt, offering stunning lake views. Currently operating at 25% occupancy, the building is listed at $2,750,000, representing a price per square foot of $351.80 and a 6.50% cap rate. The gross lease structure simplifies management. The property includes a private parking lot, a significant advantage in this desirable location. Its spacious layout and existing amenities provide flexibility for various uses. The property is well-suited for owner-occupiers seeking a prestigious address or developers considering conversion possibilities, perhaps into residential units. Situated in Alameda County, zip code 94606, this property offers a unique blend of waterfront tranquility and urban convenience. Owner financing may be available. This is a rare opportunity to acquire a landmark property with significant upside potential in a highly sought-after Oakland location.

Highlights

  • 7,817 SF Class B office building in Oakland, CA, across from Lake Merritt.
  • Currently 25% occupied, listed at $2,750,000 ($351.80/SF), 6.50% cap rate.
  • Gross lease structure, private parking lot.
  • Potential for conversion, owner financing may be available.
  • Prime location with significant upside potential.

Property Details for 2100 Lakeshore Ave

Property type
Office properties
Square Feet
7,817 SF
Class
B
Year Built
1923

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.8044387
Longitude
-122.2506328
2100 Lakeshore Ave, Oakland, California

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2100 Lakeshore Ave
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