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1242 35th Avenue, Oakland, CA, USA

Price: $3,250,000 (FOR SALE); $0.50/SF NNN (FOR LEASE)

Status: Withdrawn on February 2024

Executive Summary

The Ivy Group is pleased to offer FOR SALE ($3,250,000), or FOR LEASE ($0.50/SF NNN)  a fully entitled ± 13,292 SF vacant lot (fenced and paved) located one block from Fruitvale BART station in Oakland, CA.

The lot is served with 200A, 110/208V.

Known as Fruitvale Commons, the lot is entitled for:

  • 19 parking spaces
  • 41 units total
  • Ground floor: two commercial units totaling ± 6,000 SF
  • Floor 2: nine units, 1 bed/1 bath; and two units, 2 beds/2 baths
  • Floor 3, 4 and 5: eight units, 1 bed/1 bath; and two units, 2 beds/2 baths

Zoned S15, CN2 and TOD (Transit Oriented Development), the property is located within a Federal Qualified Opportunity Zone, which may qualify for tax benefits.

Offering Memorandum
  • Hidden
Due Diligence
  • Hidden

Highlights

  • Building Size

    N/A

  • Lot Size

    ± 13,292 SF (± 0.41 acres)

  • Power

    200 A, 110/208 V (buyer / tenant to verify)

  • Zoning

    S15, CN2 and TOD (Transit Oriented Development)

  • Use

    Mixed use development

  • Freeway Access

    Easy access to freeway 580 / 880

  • Accessibility

    Two curb cuts, International Blvd & E 12th St

  • Bart Station

    One block from Fruitvale BART Station

  • Bus Stop

    Walking distance to major bus stops and public transportation nodes

  • Parking

    Proposed: 19 parking spaces

  • Number of Units

    Entitled for 41 units: 2 ground floor commercial + 39 residential

  • APN

    33-2197-15-3