15 EmbarcaderoOakland, CA 94607

Property Details for 15 Embarcadero

Year built

1975

Construction

WOOD

Lot size

0.57 AC

Property size (Sq ft)

8,387 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

18-425-12

APU

1842512

Description

This exceptional Oakland waterfront property at 15 Embarcadero West presents a unique investment opportunity. The 25,000 square foot lot boasts a 10,000 square foot building, ideally suited for a restaurant owner/user or redevelopment. Located in the prestigious Jackson Square area, this fee simple property offers unparalleled access to the waterfront, including a 100+ foot boat dock. The versatile layout allows for flexible business configurations, while the RU 80 zoning permits retail and restaurant uses. This prime location in Oakland's Embarcadero offers significant potential for mid-rise or high-rise development, making it an attractive prospect for discerning investors and developers seeking a rare waterfront site. The asking price is $8,250,000. The property's APN is 018042501200. This is a truly exceptional opportunity to acquire a unique and highly desirable waterfront property in a thriving Oakland location. The expansive space and prime location combine to create a compelling investment opportunity with significant upside potential. The existing building provides immediate income potential, while the zoning allows for future expansion or redevelopment. Don't miss this chance to own a piece of Oakland's vibrant waterfront.

• CAP approach

  CAP return

  Valuation

  6%

  $3,305,360

  6.5%

  $3,051,102

  7%

  $2,833,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,023,027

  Geo Method

  $5,894,830

• Alternative Use

  Use

  Valuation

  Residential

  $2,573,719

  Hospitality

  $2,357,512

  Educational

  $1,961,423

  Medical

  $2,028,879

  Retail

  $3,051,102

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.7902

Longitude

-122.27

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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