377-385 5TH ST • OAKLAND

FOR Live-Work Redevelopment Opportunity SALE Industrial Building + Parking Lot

Existing 9,500 sq ft industrial building plus 20+ car parking lot investment opportunity located in Oakland, CA. JUSTIN YONKER DRE #01926574 415-806-4676 This building may be developed into [email protected] an 11 unit Live/Work loft development in Oakland's vibrant PETER ISKANDAR Square District with approved plans. DRE #01481566 415-297-5185 [email protected] 377-385 5TH ST • OAKLAND INVESTMENT Located blocks from vibrant and a short distance from Merritt, 377-385 5th Street is an investment opportunity that can be used immediately OVERVIEW in its existing condition as a 2-story 9,500 sq.ft. industrial warehouse plus adjacent 5,500 sq.ft. parking lot or may be developed into an 11-unit Live/Work loft development. Entitlements for the Live/Work loft development were granted in December 2015 and include approved tentative parcel map to merge the two lots. Building permits approved in August 2016- buyer to investigate whether plans are still valid. Current owner purchased in a bankruptcy sale and has limited information about permit status.

The development plan creates 5 lofts in the existing building and adds 6 units in the new construction on the existing adjacent vacant lot while preserving 11 parking spaces. The existing building has two storefronts, high ceilings, and has been seismically upgraded.

Located in the vibrant Jack London Square District with convenient access to transportation including Highway 880, BART station, , A/C Transit bus services and the Ferry Terminal to SF! INVESTMENT Property Information PARCEL A: OVERVIEW Lots 9 and 10, Block 41, Kellersberger's Map of the City of Oakland, filed September 2, 1853, in Book 7, of Maps, at Page 3, Alameda County Records. APN: 001-0145-002

PARCEL B: All of Lots 11 and 12 and a portion of Lot 13, in Block 41 as said lots and block are shown on Kellersberger's Map of Oakland, filed September 2, 1853, in Book 7, of Maps, at Page 3, on file in the Office of the County Recorder of Alameda County, described as a whole as follows: Commencing at the Northerly corner of said Lot 11; thence along the Northeasterly line of said Lots 11, 12 and 13, S. 62° 35' 26 E., 55.00 feet; thence S. 27° 24' 34" W., 99.99 feet to the Southwesterly line of said Lot 13; thence along the Southwesterly line of said Lots 13, 12 and 11, N. 62° 35' 26" W., 55.00 feet to the Northwesterly line of said Lot 11; thence along last said line N. 27° 24' 34" E., 99.99 feet to the point of commencement. APN: 001-0145-003 PROPERTY SUMMARY

PARCEL MAP DEVELOPMENT OPPORTUNITY

Existing building can be converted into 5 live/work lofts and 6 new construction live/work lofts can be built on the vacant lot. • Entitlements and permits have been approved by City of Oakland. • Some permits may have expired. Buyer to investigate. • Parking will be provided at 1 space per unit. The Surrounding Community of LOCATION Oakland CA 94607 With easy access to Highway 880, Alameda OVERVIEW and . The location is minutes away from the BART train system, A/C Transit bus services, an Amtrak train station and the Jack London Ferry Terminal. Within a few walking minutes of , Uptown and Chinatown neighborhoods.

An ideal location one block from Broadway, the popular Jack London Square Shopping & Dining District, Sunday farmers’ market along the water. TRANSIT/SUBWAY (BART) WALK DISTANCE 12th St Station (Fremont-Richmond, 10min 0.4mi Pittsburg/Bay Point-SFO, Richmond-Millbrae)

Lake Merritt BART Station 15min 0.7mi (Dublin/Pleasanton-Millbrae, Fremont-Daly City, Fremont- Richmond) TRANSPORTATION

EFFORTLESSLY COMMUTE AROUND THE BAY AREA DUE TO MAJOR HIGHWAYS AND MULTIPLE PUBLIC TRANSPORT LINKS. OAKLAND WAS RANKED THE 10TH MOST WALKABLE CITY IN THE .

BUS CONNECTIONS TO AMTRAK'S JACK LONDON SQUARE STATION (ROUTES 72 AND 72M, AND 58L), DOWNTOWN BERKELEY (ROUTE 18), THE GREYHOUND BUS DEPOT (ROUTES 18, 72, AND 72M), JACK LONDON SQUARE (ROUTES 72, 72M, AND 72R), LAKE MERRITT (ROUTES 12, BA, AND NL), PIEDMONT AVENUE (ROUTE 12), ROCKRIDGE (ROUTE 51A), DOWNTOWN SAN FRANCISCO (ROUTES BA AND NL), AND UC BERKELEY (ROUTES 1 AND 1R). ROUTES 72, 72M, AND 72R ALSO CONNECT WITH FERRIES TO SAN FRANCISCO (YEAR- ROUND) AND ANGEL ISLAND (APRIL-OCTOBER) AT JACK LONDON SQUARE.

FERRY TERMINAL AT JACK LONDON SQUARE. THE ALAMEDA/OAKLAND FERRY PROVIDES DAILY, YEAR-ROUND SERVICE TO SAN FRANCISCO'S FERRY BUILDING AND PIER 41, AS WELL AS THE FERRY TERMINAL IN ALAMEDA. ON WEEKENDS AND HOLIDAYS BETWEEN MAY AND OCTOBER, FERRY SERVICE ALSO IS AVAILABLE TO ANGEL ISLAND. DURING SAN FRANCISCO GIANTS BASEBALL SEASON, FERRY SERVICE ALSO OPERATES TO AT&T PARK.

BART IS A RAPID TRANSIT SYSTEM SERVING OAKLAND AND THE ENTIRE BAY AREA, CONNECTING TO RICHMOND, FREMONT, PITTSBURG/BAY POINT, DUBLIN/PLEASANTON, SAN FRANCISCO/DALY CITY, MILLBRAE AND SFO. LOCATION CITY OF OAKLAND Oakland is the largest city in the region of the Area, the county seat of Alameda County. A OVERVIEW major West Coast port city, the serves as a trade center for the . It’s the busiest port in the San Francisco Bay.

Oakland is known for its professional sports franchises (such as the Oakland Raiders, and the Golden State Warriors) and major corporations, which include health care, dot- com companies, and manufacturers of household products.

In recent years, Oakland has become a mecca for arts and culture, restaurants, shopping, and entertainment.

Oakland has a significant art scene and claims the highest concentration of artists per capital in the United States. In 2013, Oakland was designated as one of America’s top twelve art communities, recognizing Downtown (including Uptown), Chinatown, Old Oakland, and Jack London Square as communities “that have most successfully combined art, artists and venues for creativity and expression with independent businesses, retail shops and restaurants, and a walkable lifestyle to make vibrant neighborhoods.”

The city is a renowned culinary hotbed, offering both a wide variety and innovative approaches to diverse cuisines in restaurants and markets, often using locally grown produce and international style, reflecting the city's ethnically diverse population. NEIGHBORHOOD

POINTS OF INTEREST RESTAURANTS Jack London Square is an entertainment and business Yoshi's - Music Venue and Japanese Cuisine destination on the waterfront of Oakland Plank - Dining music & games huge patio Oakland Chinatown the sights are amazing and the Forge Pizza - Arisanal, wood-fired pizzas served in shopping is affordable an industrial space with rustic accents & on a patio.

Oakland Grill - Homey hangout with tin-roof Oracle Arena is the home of the Golden State Warriors of the NBA awning & bare brick walls serving hearty breakfast choices & sandwiches. Oakland International Airport located approximately Scott's Seafood Grill & Bar - Upscale eatery, one of 10 miles south of Downtown Oakland a small chain, pairs a large menu of fish-focused fare with wine & cocktails. Oakland Museum of state art, history & Farmhouse Kitchen Thai Cuisine –Trendy science. atmosphere provided by the restaurant’s decor.

Oakland Zoo is a zoo located in the Grass Valley. BREWERIES Fox Theater is a live music venue in a historic building. Federation Brewing - A laid-back neighborhood The Paramount Theatre is a 3,040-seat tasting room. concert hall. Beer Revolution - with 50 taps offers a rotating craft-beer & hundreds of bottled-beer options. United States lightship Relief is a floating lighthouse Urban Legend Cellars - A unique urban serving as a museum ship in Oakland. winery specializing in food friendly vintages.

The USS Potomas exhibits & sightseeing former President Franklin Delano Roosevelt's beloved H O M E G O O D S "Floating White House" World Market Bed Bath & Beyond BevMo

C A F É PARK AND RECREATION

Blue Bottle Coffee is a coffee roaster and retailer The Bay Trail - A 500-Mile Trail Around the Bay headquartered in Oakland. Jefferson Square Park - Containing an Athletic Bicycle Coffee named for its bike deliveries. Field located at 7th St & Martin Luther King Lincoln Square Park - with basketball courts & a playground with a colorful, Asian-inspired design. SCHOOL Park - with an aquatic center, boat ramp, sports field & picnic area. American Indian Public Charter School II DeFremery Swimming Pool - located at 18th St •Grades K-8•Rating 9 Children's Fairyland - is an amusement park, Yu Ming Charter School • Grades K-8•Rating 9 located on the shores of Lake Merritt. Crocker Highlands Elementary School•Grades K-

5•Rating 10 Oakland charter High School•Grades 9- 12•Rating 9 DISCLAIMER

The information contained in this offering memorandum has been secured from sources we believe to be reliable, however we make no representations or warranties, expressed or implied, as to the accuracy of the information. Square footage and other information herein has been received from a variety of sources. Such information has not been verified by Trident Real Estate (DRE LIC#01926718) or any of its brokers, agents, or employees. Before purchasing this property, prospective buyers are advised to conduct their own investigation of the property and the information contained herein including any permits, plans, easements, and other items that may affect the property, utilizing licensed professionals as well as the City and County offices to verify the information where appropriate.