970 Macarthur BlvdOakland, CA 94610

Property Details for 970 Macarthur Blvd

Lot size

0.10 AC

Property type

Auto shops

APN

12-956-37

APU

1295637

Description

This exceptional commercial property, located at 970 Macarthur Blvd in Oakland, CA, presents a unique investment opportunity. Currently operating as a paint and auto body repair shop, the 0.1-acre lot offers significant potential for redevelopment. The owner is retiring and seeking a quick sale, presenting a compelling opportunity for a savvy investor. The property's strategic location is a key advantage, situated near BART, providing convenient access to public transportation. The proximity to Emeryville's shopping and amenities further enhances its appeal. The existing structure provides immediate income potential, while the zoning allows for exploration of various uses, including live-work spaces or residential income development. Its central location offers easy access to various transportation modes, facilitating seamless commutes to and from San Francisco. The property's potential for increased value is substantial, making it an attractive investment for those seeking a high-return opportunity in a thriving Bay Area location. Interested parties should independently verify current permitted uses with the City of Oakland to fully assess the range of development possibilities. This is a rare chance to acquire a well-positioned property with significant upside potential in a highly desirable area. The asking price is $1,500,000.

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8286

Longitude

-122.276

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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