$1,599,000
Rare opportunity to own a 6,578± SF commercial building on a 26,572± SF (0.61-acre) lot featuring approximately 50 on-site parking spacesan exceptional parking ratio for Oakland. Positioned on a high-exposure hard corner at Foothill Blvd and Havenscourt Blvd, this property benefits from strong daily traffic counts of 12,767 vehicles on Foothill and 7,218 vehicles on Havenscourt (2025). Formerly the PG&E East Bay Oakland Building, the property offers excellent bones, strong utility infrastructure, and flexible interior layouts suitable for a wide range of commercial uses. Zoned CC-2 (Community Commercial), allowing for Retail, Office, Child Care, Bank, Medical, and Service-oriented uses (buyer to verify). Located in a federally designated Opportunity Zone, providing potential tax advantages for investors. The surrounding 1-mile population exceeds 72,500, with a median household income of approximately $75,700, supporting strong consumer demand. With a Walk Score® of 87 (Very Walkable), ample parking, and outstanding visibility, this is a rare opportunity for an owner-user, developer, or value-add investor seeking scale, flexibility, and long-term upside in East Oakland. 3 Air Conditioning Units, Auto Whole Backup Generator powered by natural gas. 500 AMP .
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Listed by Hatim M. Elmashni with Compass (925) 291-0899
Property Type
Commercial Sale
Status
Pending
MLS Number
ML82039790
Year Built
1938
Lot Size
0.61 acres