Sale Summary
Property Available for Sale or Lease. Sale Price: $1,999,000. Lease Rate: $12,000/Month IG
California Capital & Investment Group is pleased to present this incredible opportunity to acquire a vacant 2-story office building with parking located on Grand Avenue just across the street from beautiful Lakeside Park and Lake Merritt. This is a unique opportunity for a developer to acquire an ideal corner location on Grand Avenue prime for redevelopment or an owner/user to purchase a built-out office property on Grand Avenue with parking. 270 Grand Avenue is walking distance to countless great restaurants, bars and entertainment.
Key Facts
- Flexible opportunity for either a developer looking to redevelop a prime site into multi-family or an owner/user wanting to acquire a well built-out office property with parking.
- Two story building with useable basement and large attic space. Attic space provides substantial clearance above the 2nd story offering a buyer some creative options to take advantage of the additional ceiling height.
- Parking Spaces: +/- 3 to 4 parking spaces.
- Current Building Layout: First Floor – Large reception area and break area, six (6) offices, restroom. Second floor: Six (6) offices, restroom, kitchen, large work area and storage space. Attic: Large open space, standing room, windows. Basement: Open areas, storage room, crawl space.
- Operable windows provide abundant natural light.
- HVAC.
- 3 PG&E meters.
- Excellent corner location on Grand Avenue across the street from Lakeside Park and Lake Merritt.
- Walking distance to great breweries, top restaurants and entertainment.
- Rare corner location.
- Ramp access to the first floor located at the side of the building.
