Description
A rare opportunity to acquire the ideal work/live space in prime Oakland, this space to suit your desires! Unique opportunity for any and all investors or business owners. MacArthur Retail Redevelopment Project consists of 3 contiguous mixed-used properties at 7415, 7421, 7425-7431 Macarthur Blvd totaling 10,925 sqft located in the up and coming Eastmont Neighborhood! This is an Opportunity Zone Site 1 block away from a proposed 6 Story Housing Project, 2 blocks away from the Palms Development Site which is a Project to Redevelop the historic Soul Beat Property of 73rd and is close to the Black Cultural Hub on Eastmont Mall. These projects will bring Businesses, Residents and Cultural vibrance and Capital to the area to aid in Economic growth of the area. The Existing properties are mixed-use with with Retail, Office and Residential Zoning which could also be utilized by an Entrepreneur who wishes to acquire the properties with SBA Financing to house their Company and have additional Live/Work Rental Units. There is unlimited potential with this Site, and it represents and excellent buy for a Developer, Entrepreneur or Investor. Seller prefer to sell all 3 buildings for $1,700,000
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
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3,578SQFT
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$156$/SQFT
School Ratings & Info
Description
A rare opportunity to acquire the ideal work/live space in prime Oakland, this space to suit your desires! Unique opportunity for any and all investors or business owners. MacArthur Retail Redevelopment Project consists of 3 contiguous mixed-used properties at 7415, 7421, 7425-7431 Macarthur Blvd totaling 10,925 sqft located in the up and coming Eastmont Neighborhood! This is an Opportunity Zone Site 1 block away from a proposed 6 Story Housing Project, 2 blocks away from the Palms Development Site which is a Project to Redevelop the historic Soul Beat Property of 73rd and is close to the Black Cultural Hub on Eastmont Mall. These projects will bring Businesses, Residents and Cultural vibrance and Capital to the area to aid in Economic growth of the area. The Existing properties are mixed-use with with Retail, Office and Residential Zoning which could also be utilized by an Entrepreneur who wishes to acquire the properties with SBA Financing to house their Company and have additional Live/Work Rental Units. There is unlimited potential with this Site, and it represents and excellent buy for a Developer, Entrepreneur or Investor. Seller prefer to sell all 3 buildings for $1,700,000
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Listing courtesy of Delores Dee Johnson of Owens Real Estate, Inc.: [IDXCONTACTINFORMATION].