578 7TH STREET new

Oakland,CA 94607

$ 1980000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Jack London

MLS Listing ID 41088134

Lot Size 7,501 Sqft

Property Description

Entitled development site in downtown's Old Oakland neighborhood: build this architecturally rich modern 32,250 square foot, five-story building designed by world renowned architect Stanley Saitowitz of Natoma Architects. Plans included for the approved 56 residential units, with an approval extension until January 31, 2028. Another option: remodel this former restaurant and market space back into a gourmet eatery in the heart of the City. Desirable Old Oakland offers thriving community businesses, top-rated restaurants, and easy access to the rest of the East Bay, San Francisco, and beyond. Minutes to Jack London Square, Lake Merritt, Downtown, Laney College and both State and Federal Buildings. Accessible to public transit including BART, Ferry, Amtrak, both 880 & 980 freeways, and multiple parking garages and plentiful street parking. This exciting project is nearly shovel-ready and waiting for you to take it over the finish line! Inquire disclosures. Zoning: D-DT-CX, S-14, S-13 (Base Height and Intensity Area 8) Existing Use: Commercial restaurant and market space. Approved for 56 residential units (41 market rate and 15 moderate rate affordable rental) Architectural plans by Stanley Saitowitz of Natoma Architects Inc. Views: Downtown

Location

State CA

County Alameda

Zoning D-DT

Building

Lot Description Street Level

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash,Conventional,1031 Exchange

Listing Terms Cash,Conventional,1031 Exchange

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