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Listed by Mark R Chow Compass
$ 795,000
Est. payment | /mo
4,644 Sqft Lot
$ 795,000
Est. payment | /mo
4,644 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 426120943
HOA Y/N No
Lot Size 4,644 Sqft
Acres 0.1066
Property Sub-Type Industrial
Property Description
705 37th Street is a 4,644 SF industrial warehouse in Oakland's established 37th Street corridor, delivered fully vacant and priced below $200 per square foot. Whether you are an owner-user looking to occupy immediately or an investor positioning for lease-up, the fundamentals here are exceptional. The building's mechanical infrastructure sets it apart. Built out and operated as a commercial laundry facility wet processing, not dry cleaning, with zero dry cleaning chemicals or environmental liability the property carries 400-amp, 240V 3-phase electrical service, 2.5-inch plumbing throughout, and excellent drainage already in place. For laundry, car wash, food processing, manufacturing, brewing, or any wet-use industrial operation, this is a plug-and-play opportunity that would cost hundreds of thousands of dollars to replicate from a vanilla shell. Beyond the heavy infrastructure, the building is fully functional and ready to occupy. Additional office space provides administrative support, and two bathrooms serve the floor. The layout supports efficient operations from day one with no tenant improvement budget required. Delivered totally vacant, the new owner sets the terms occupy it, lease it, or reposition it for the highest and best use the market will support. At below $200 per square foot, the basis is protected before you sign the papers.
Location
State CA
County Alameda
Area Oakland Zip 94609
Zoning RM-2
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Public, Sewer Connected, Underground Utilities, Water Connected
Building
Sewer Public Sewer
Water Meter on Site, Public
New Construction No
Others
Tax ID 1294736
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Nearby Locations
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