3451 International Blvd, Oakland, CA

Highlights:

• High-traffic shopping area in the Fruitvale District
• Excellent value-add opportunity by leasing newly built units and new fenced & gated parking spaces or developing the parking lot into commercial or mixed-use
• Easy access to BART, other transit options, and complementary businesses nearby
• Opportunity Zone

Description:

This solid building originally served as a bank but has been a multi-tenant retail building for over 30 years, with a pawn shop occupying the 2nd floor. The building owner, who also owned the pawn shop, has since retired and now leases half of the 2nd floor to a new pawn shop. The other half of the 2nd floor has been transformed into 7 new office/retail suites, accessible by an ADA lift.

On the 1st floor, Unit A is occupied by a long-standing check cashing/money transfer company. The former pawn shop owner is leasing back the bank vault, and 3 tenants occupy 5 suites in Unit C. Of the 16 parking spaces, 13 are now being leased separately, with only 3 included with suite leases. This building offers significant value-add opportunities, including multi-family, commercial, or mixed-use development of the parking lot.

For additional information visit https://intero-commercial.com/listings/