19
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$1,980,000
Est. payment /mo
Active
578 7TH STREET Oakland, CA 94607
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Jack London
MLS Listing ID 41088134
HOA Y/N No
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
Interior
Fireplace No
Building
Lot Description Street Level
Sewer Public Sewer
Water Public
Others
Tax ID 120915
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Virtual Tour https://thegundermangroup.com/property/578-7th-street-oakland/
Listed by David Gunderman • KW Advisors East Bay