721 5th St Active

Oakland,CA 94607

$ 1400000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41076902

Year Built 1906

Lot Size 6,094 Sqft

Property Description

The 721-745 5th Street mixed use complex is your opportunity to own a piece of historic Oakland. These two parcels, previously known as the Gingerbread House (a well known cajun/creole restaurant) are mired in Oakland history and a cornerstone piece of the community. On 745 5th Street, Angel Cakes Bakery, a well known and frequented establishment and the residential apartment above the bakery are fully leased and occupied with renewed leases as of this month. A community based, non-profit popular for events currently resides on 741 5th Street with a flexible lease term. There is a lush courtyard in between two structures at 741 5th St. providing great use of space and inviting atmosphere. Great opportunity for an investor to come into a stabilized asset with value-add opportunity, or a owner/user to move their business into part or the entire space at 721. These parcels are unique, full of character and charm. Stained glass windows, hard wood floors, and wood built-ins exist throughout every structure. Please inquire for more details on purchasing these parcels as a pair, or separately.

Location

State CA

County Alameda

Interior

Heating See Remarks

Flooring Tile,Wood

Building

Lot Description Back Yard,Corner Lot,Garden

Sewer Public Sewer

Others

Acceptable Financing Cash

Listing Terms Cash

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