Entitlements in progress for a proposed 44,959 square feet, 4 story, 24 unit dwelling plus 3,475 square feet of retail. Site area is approximately 7,500 square feet. Parking provided – 12 spaces in basement level and 5 spaces on street level.
We are pleased to present 514 Seventh Street for sale as an unique opportunity to acquire a key corner parcel in prime Downtown of Oakland, California. The property is positioned squarely at the intersection of Seventh Street and Washington Street right in the heart of restaurants, boutique business, and Chinatown. Access to the site is supported by AC Transit, Grover Shafter Freeway, Interstate 980, and Nimitz Freeway, Interstate 880.
Downtown Oakland is home to condominium and apartment dwellers, retail businesses, modern office buildings, historic buildings, AC Transit hubs and BART, entertainment which includes the historic Paramount and Fox Theatres, nightclubs, and restaurants.
Tightening of Oakland condominium market is occurring. Sales activity is on the rise, while the number of units for sale and under construction drops. Construction of Oakland condominiums are at their lowest level in five years, making this a great opportunity for an investor looking for prime location and great outside potential.
514 Seventh Street Development Project - ACTIVE
Built in 1930, this property has an irreplaceable location giving it strong identity and visibility. This key parcel sits on approximately 14,248 square feet. The building is approximately 8,600 square feet and is two stories tall. This is a great buy for the investor, developer looking for a secure investment based on a prime location. The property provides a unique opportunity for developers and investors alike to acquire a quality development site in a neighborhood that is poised for tremendous growth over the next few years.
1600 Mission St - ACTIVE
San Francisco, CA
1776 Green Street - ACTIVE
San Francisco, CA
This Edwardian style garage structure is a perfect redevelopment site in the prime area of San Francisco. The structure dates back to 1914, and is a reinforced two story concrete building with a wooden rooftop. This is a great starting point for a high-end housing development. The period façade provides a perfect cover for a modern development behind and up. A large feature of this structure is the existing lower level garage, which can park up to 14 cars with a driveway and ramp already in place, solving a number of issues for a project of this type. This property also includes a mezzanine and a total of four additional rooms and two half baths.