2001 Franklin StOakland, CA 94612

  • Banks
  • 20,493 SF

Property Details for 2001 Franklin St

Year built
1966
Construction
STEEL FRAME
Lot size
0.66 AC
Property size (Sq ft)
20,493 SF
Property type
Banks
APN
8-650-16-4
APU
8650164

Description

This exceptional 1,028 square foot retail space is situated on the ground floor of the prestigious California Bank & Trust Building in the heart of downtown Oakland, perfectly positioned between Broadway and Harrison Street. The property boasts a stunning white interior design, abundant natural light from expansive windows, and is move-in ready. This second-generation space comes complete with existing fixtures, making it an ideal location for a cafe, deli, or similar business. The building itself is a landmark in the area, offering high visibility and foot traffic. The entire building totals 20,493 square feet, with only 1,028 square feet currently vacant. The property sits on a 0.67-acre lot in Alameda County, California, offering convenient access to major transportation routes and a thriving urban environment. The address is 2001 Franklin Street, Oakland, CA 94612. This is a rare opportunity to secure a highly desirable retail space in a prime downtown location. The property's attractive features and convenient location make it an excellent investment opportunity for a discerning business owner. The space is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,316,010
    6.5%
    $8,599,390
    7%
    $7,985,150
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,138,520
    Geo Method
    $5,944,330
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $17,558,100
    Mixed-Use / Specialty
    $8,250,120
    Hospitality / Lodging
    $5,638,040
    Office
    $7,869,260
    Institutional / Educational
    $8,462,930
    Residential Income
    $9,901,630
    Multifamily
    $13,641,800
    Automotive / Energy
    $7,253,940
    Parking / Income-Based Land
    $2,818,030
    Restaurant / Food Service
    $3,610,980
    Healthcare / Senior Housing
    $8,787,080

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.8091
Longitude
-122.267
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,166
$1,958,788
$1,920,200
$3,878,988
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FAQs

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