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Kelly Klingler
Kelly Klingler
Wells & Bennett Realtors
Oakland, CA 94602

925-550-9540
Contact Me

Contact Me





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$2,200,000 Active - Contingent

1450 14th Street
Oakland, CA 94607


10,793 sq ft;
lot: 10890 sq ft lot
Commercial: Comm Ind For Sale - MLS# 40868394
Property Photo
1/18

Description

Excellent Development or Owner-User Opportunity in prime West Oakland! Originally a carriage house for Wells Fargo in 1909, this one-story, 20-foot-high masonry warehouse has been used for self-storage since the 70's. The property consists of two parcels and two contiguous buildings for a total of approx. 10,800 sqft. Located close to all freeways, BART, and San Francisco, 1450 & 1468 14th Street provides easy access from West Grand/Mandela corridor to major destinations and beyond. The immediate neighborhood is influenced by mixed-use buildings, multi-tenant loft projects, commercial business, residences, community gardens, parks and walking paths, and is half a block from the West Oakland Fire Department. West Oakland BART is located within 7 blocks. Presently occupied by the owner's self-storage business, this offering presents many opportunities. All storage units are rented M-T-M and generate approximately $12,600 per month. Do not disturb occupant. Call Agent to tour.

Features

  • Age: 110
  • Ann Act Inc: 151978
  • Ann Exp Yr: 2018
  • Annual Act Exp: 52385
  • Annual Actual Net Inc: 151978
  • Annual Taxes: 32846
  • Approx Lot Size Sq Ft: 10793
  • Cap Rate: 3
  • Ceiling Height: Over 18 Ft
  • Commercial Type: Industrial Warehouse
  • County/Area: Alameda County
  • Exterior: Masonry
  • Floors: Concrete Slab
  • Gross Oper Actual Inc: 151978
  • Heating: No Heat
  • Listing Status: Active - Contingent
  • Location: Corner, Industrial District, Other
  • Lot Size: 0.2500
  • Miscellaneous: Fire Alarm, Free Standing Building, Month To Month, Smoke Detector
  • Net Operating Income: $91,292
  • Primary Use: Light Industrial
  • Property Type: Commercial
  • Roof: Rolled Composition
  • Sale Includes: Business, Fixtures And Equipment, Real Estate
  • Sq.Ft.: 10793
  • Story: One
  • Sub Type: Comm Ind For Sale
  • Subdivision: West Oakland
  • Subdivision/Neighborhood: West Oakland
  • Tenant Expenses: Electric, Exterior Maintenance, Other
  • Tot Ann Oper Exp: 85231
  • Truck Door: 9 Ft - 12 Ft, Drive-In
  • Utilities: 3 Phase, Electric, Public Sewer, Public Water
  • Year Built: 1909
  • Zip Code: 94607
  • Zoning: RM4C



Kelly Klingler | CA DRE# 01052191 | 925-550-9540 | Contact Me
1451 Leimert Blvd. - Oakland, CA 94602
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