3129 Elmwood Ave

Highlights:

• Prime location! Outstanding visibility from Fruitvale Ave and I-880.
• Increased tax incentives with this opportunity zone investment.
• Reduced demolition and rehab costs by delivering in cold dark shell condition.
• Flexible zoning - light industrial, commercial, and medium density mixed-use redevelopment allowed.

Description:

NAI Northern California is pleased to present this 22k+ SF industrial building in prime location for industrial operators or value-add investors. The main building is comprised of two functional areas boasting (2) dock-high doors to access the +/-7,500 SF of warehouse space. The adjacent two-story, +/-11k SF structure can be used for storage and distribution, or converted to commercial, office, live/work, work/live, or cannabis uses offering single or multi-tenant solutions.

Located in Oakland's Central Estuary industrial area, the subject property has quick access to I-880 with close proximity to the Port of Oakland, the Oakland Airport, and Fruitvale BART. Strategically positioned on a hard corner of Jingletown's eastern end, operators benefit from outstanding visibility in a market with consistent rent growth and industrial product demand.

D-CE-3 zoning, owner occupied masonry constructed industrial warehouse, 2 dock high doors, 1 grade level door, 2 stories, freight elevator