2840 - 2846 Chapman Street Oakland, CA
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2840 - 2846 Chapman Street Oakland, CA OFFERING PACKAGE PURCHASE PRICE: $2,500,000 BUILDING: ± 10,500 SF | LAND± 10,000 SF The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 Chapman St PROPERTY SUMMARY OFFERING SUMMARY California Capital & Investment Group is pleased to present this Oakland mixed use real estate opportunity. Located in Oakland's popular Jingletown neighborhood, The property consists of ±10,500 SF of work/live & warehouse space. This dynamic property allows a buyer the advantage of the flexible D-CE-3/5-19 zoning. Permitted uses include live/work, work/live, multi-family, administrative office, warehouse/manufacturing uses and various retail use. Only one of the 4 units has a lease which ends June 2020. This provides great flexibility for a buyer to position the property however it likes. The property is also located in both green & opportunity zones. PROPERTY DETAILS Address: 2840-2846 Chapman St Available Spaces: 2846 Chapman Oakland, California 94601 1. Live/work unit including downstairs, warehouse & County: Alameda upstairs, 2 bdr, 2 bath apartment: $2,000/Month IG, Month to month 5019-0080-002-01 Assessor Parcel Numbers: 2. Full Studio Unit: $1,000/Month IG, Month to month 0019-0080-027-00 2840 Chapman Building Size (Excluding On-Site Parking Lot): ±10,500 SF 1. Large Open Warehouse: Vacant Lot Size (Combined): ±10,000 SF 2. 2 bdr, 1 bath unit: $2,000/Month IG, Lease Termination 6/20 Zoning: D-CE-385-19 3. 2nd floor: 3 bdr,1.5 bath: Owners Apartment, Month to month DEVELOPMENT STANDARDS: Non-Resi FAR: 3 Height Limit: 45/55ft Density: 700 SF of lot area/dwelling unit All parties should independently verify all building square footages. All development standards should be independently verified by all parties with the appropriate governmental agencies. The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 Chapman St PROPERTY SUMMARY PROPERTY HIGHLIGHTS • Only one short term lease on a small % of the property allows maximum flexibility for a buyer • On-site parking with attractive interior gated courtyard space • Perfect for owner/user • Near 880 Freeway • Near Jack London Square, Alameda & Downtown Oakland • Popular Corner Jingletown location • Significant Number of New Multi Family Projects Under Construction in the Area • 3 Structures - two (2) two story buildings, one (1) one story building • 2 Parcels ADDITIONAL INFORMATION Click link to view: Parcel Map D- CE Zoning S-19 Zoning Floor Plan (Not 100% As-Built) - 2846 Chapman (only) Opportunity Zone Map PDF Opportunity Zone Map Green Zone Map The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 C hapman St PROPERTY SUMMARY The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 C hapman St PROPERTY SUMMARY The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 C hapman St PROPERTY SUMMARY The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 C hapman St PROPERTY SUMMARY The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 Chapman St LOCATION OVERVIEW LOCATION SUMMARY Oakland’s Jingletown neighborhood is one of the fastest growing arts districts in the Bay Area. This neighborhood is a popular hub for artists of all types and is the home of the Jingletown Arts and Business community. Live/work studios, lofts and warehouse space make up the vast majority of this area. This unique neighborhood is very well located near Alameda, Jack London Square and Down town Oakland. Oakland’s commercial real estate market continues to be one of the hottest sectors in the entire United States. Oakland’s close proximity to San Francisco and the Bay Area’s tech hub (Silicon Valley) make it a very attractive area for real estate investors. LOCATION HIGHLIGHTS • Located In Oakland's Jingletown District • Walker's Paradise: Walk Score® of 80 • Transit Score® of 66 • Near 880 Freeway • Over Half a Million People Living Within a 5 Mile Radius (Data provided by Costar) The information supplied herein is from sources we deem FOR MORE INFORMATION PLEASE CONTACT: reliable. It is provided without any representation, warranty or guarentee, expressed or implied, as to it's accuracy. Own- Mike McGuire Gary Bettencourt ers and Prospective Buyers should conduct an independent Office: (510) 463-6351 Office: (510) 463-6366 investigation and verification of all matters deemed to be material, including but not limited to statements and analysis [email protected] [email protected] of income and expense and estimated loan information. BRE #: 01790296 BRE License#: 00880217 2840-2846 Chapman St LOCATION OVERVIEW Transportation 1. 1. Fruitvale BART Station Developments 2. Brooklyn Basin Amenities 3. Banh Mi Ba Le 4. Sinaloa Tacos 5. Man Vs Fries 6. McDonalds 3 7. Quinn's Lighthouse 8. Core Cat Pilates Studio 13 4 9. J's Giant Burger 10. Buttercup 2 5 11. El Charro Super Mercado 14 16 6 12. Domino's Pizza 7 13. Wei Wang House 14. Queen's Cajun Seafood 8 15. Playa Azul 10 9 15 16. Walgreens 11 17. Tacos El Gordo 12 1 17.