Mixed-Use Asset in Oakland’s Lakeshore District

Highlights:

• Prime location in Oakland’s Lakeshore commercial district
• Flexible lease structure with immediate leasing opportunity
• Solid upside potential
• Market cap rate 8.40%
• Ideal for value-add investors, owner-users, or 1031 exchange buyers

Description:

3450 Lakeshore Avenue is a rare chance for an owner-user to secure a highly visible property in Oakland’s premier Lakeshore District. This two-story mixed-use building offers immediate functionality with nine total units, including two ground-floor retail storefronts and seven upstairs office suites—three suites delivered vacant for use.

All tenants are currently on month-to-month agreements, offering flexibility to reposition or reconfigure the property to adapt to your business operations or lease-up potential.

Positioned on a high-traffic corridor, the property benefits from excellent visibility and strong pedestrian flow. National and local retailers such as Trader Joe’s, Gap, Peet’s Coffee, and Arizmendi Bakery help anchor the area, driving consistent activity. Convenient access to public transit and nearby freeways makes it easy for employees, clients, and customers to reach your business. 3450 Lakeshore Avenue offers the perfect balance of location, flexibility, and income support, with strong long-term growth potential in one of Oakland’s most coveted commercial districts.


Trust Sale, No Court Required. Offers as presented. Contact Louis Cornejo for info and showings. Pre Escrow opened with Michael Demers and Old Republic Title in Oakland. Broker's Note: This is an As-Is Trust Sale, 3rd party property inspections provided are for informational purposes only, & buyers & agents should not rely on them for making offer or purchase decisions. Buyers are advised to get any & all inspections they deem necessary. Buyers should also verify all square footage & any & all room counts, room and use legality & permit history for themselves. To schedule viewing, request OM or receive disclosures, email Louis at louis@urbangroupsf.com.

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