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3301 San Pablo Avenue, Oakland, CA 94608
$1,250,000
3301 San Pablo Avenue, Oakland, CA 94608View this property at 3301 San Pablo Avenue, Oakland, CA 94608
3301 San Pablo AvenueOaklandCA94608
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Property Description
6.4% Cap Rate with Triple Net Lease. Lease term through January 31, 2027, plus one (1) five (5) year option at Fair Market Value. 3301 San Pablo is a fully leased 3,078 square foot commercial building on a 6,898 square foot parcel. This expansive property offers a distinctive commercial footprint, featuring an industrial-sized kitchen, large prep area, refrigeration, spacious storage areas, office space, two (2) restrooms, four (4) rollup doors and a substantial exterior loading and parking area. Conveniently located in a dynamic community known for its creative and entrepreneurial spirit, making it highly sought after. With its proximity to major freeways and the San Francisco Bay Bridge, it's an ideal choice for investors looking for excellent connectivity and accessibility. The tenant, Salt & Honey Catering has occupied the property since May 2020. Rent escalations 3% per annum. Very well-maintained property with great upside.
Full Property Details
Full Property Details for 3301 San Pablo Ave
General
- Price: $1,250,000
- Status: Active
- Type: Warehouse
- MLS ID: 423919976
- Updated: 4/16/2024
- Added to Site: 182 day(s) ago
Business
- Business Type: Catering, Commercial
Rental Information
- Lease Terms: 3 Years
Interior
- Flooring: Concrete Slab
Location
- Area: Oakland Zip 94608
- County: Alameda
- Cross Streets: 34th Street
- Location Details: Downtown, Freeway Nearby, Neighborhood, See Remarks
Structural Information
- Structure Type: Industrial, Mixed Use, Retail, Warehouse
- Construction: Masonry
- Roof: Flat
- Stories/Levels: 1
- Stories Description: 1
- Square Feet: 3,078
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.1584
- Zoning: RU-5
Financial Considerations
- Price Per Sq. Ft.: $406.11
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: None
- APN: 5-470-2
Listed by Urban Group Real Estate, Louis Cornejo
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Schools
Schools serving 3301 San Pablo Ave
School District:Oakland Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
890 Brockhurst St, Oakland, CA 94608 | K-5 | 0.2 mi | |
991 14th St, Oakland, CA 94607 | 6-8 | 1.1 mi | |
2607 Myrtle St, Oakland, CA 94607 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3301 San Pablo Ave
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$1,250,000
-3.77%
MLS
12/13/2023
Price Reduced
$1,299,000
-3.78%
MLS
10/30/2023
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3301 San Pablo Ave
3301 San Pablo Avenue, Oakland, CA 94608 (MLS# 423919976) is a Warehouse property. 3301 San Pablo Avenue is currently listed for $1,250,000 and was received on October 30, 2023. Want to learn more about 3301 San Pablo Avenue? Do you have questions about finding other Warehouse real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.