2944 Webster St, Oakland, California 94609

$1,145,000

Property Type

Commercial Sale

City

Oakland

Status

Active

The McKinnon Building - a two-story, +/-3,262 SF medical-office/flex building in Oakland's coveted Pill Hill submarket, delivered vacant and ideal for an owner-user or value-add investor. Built in 1935 of wood-frame construction with a stucco exterior on a 6,044 SF lot. Steps from the new Alta Bates Sutter Cancer Center and the Broadway/Telegraph corridor; three blocks from Kaiser Oakland, the city's largest employer. Flexible D-BV-4 zoning allows a wide range of uses. The upper level can be configured as a two-bedroom apartment with full kitchen and bath; two kitchens (up and down) make live/work options nearly endless. Recent updates include a new roof, new electrical subpanels, and refinished hardwood oak floors. Long-term value-add: development potential for up to 24 residential units (Buyer to Verify with City). Walk/Transit/Bike Scores of 80; approximately one mile to MacArthur BART; easy access to I-580, Hwy 24, and I-980.