2100 Lakeshore AveOakland, CA 94606

Property Details for 2100 Lakeshore Ave

Year built

1923

Property size (Sq ft)

7,817 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

Oakland

County

Alameda

State

California

Latitude

37.8044

Longitude

-122.251

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