FOR SALE 610 55TH STREET, OAKLAND, CA Redevelopment Property Approved for 6 Live/Work Units or Creative Reuse

OFFERED EXCLUSIVELY BY: KEVIN GORDON 510 898-0513 • [email protected] • CalBRE#01884390 610 55TH STREET, OAKLAND, CA

PROPOSED 6 LIVE/WORK UNITS OR OWNER/USER OPPORTUNITY – IN OAKLAND’S TEMESCAL NEIGHBORHOOD

609

SALE PRICE PROPERTY OVERVIEW • Zoning approved for 6 live/work units 611 5521 $1,300,000 • Square feet: ± 6,111 sf • Building plans ready for submittal • Land: ± 4,550 sf • Potential for build to suit and creative reuse 5515

• APN # 14-1212-6 • Zoned RM-2 5507

610 614

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622 Rare opportunity to own a commercial property adjacent to the Temescal district. Located across the SF Bay Bridge, at the base 5501 of Oakland Hills, this growing business district is full of small independent shops, restaurants and services. A walker’s paradise in North Oakland, on the edge of the flourishing Temescal. Near highways 24/580, with easy access to entire SF Bay Area. Excellent RM-4/C RM-2 location for medical – just blocks from UCSF Benioff Children’s Hospital, less than a mile to Kaiser Permanente, and one mile to 55th STREET RM-4 Alta Bates Summit Medical Center. Co-tenants include Mariposa Baking Company, Game Changer Fitness, Kingfish Pub & Cafe, Pizzaiolo, and Bakesale Betty. Daytime workforce of over 2,000 employees from nearby hospitals and DMV.

Condé Nast Traveler named Oakland’s Temescal Alley “The ’s Hippest Street”

Close proximity to UC Berkeley and College of the Arts, 610 55th Street is less than 1/2 mile to Temescal’s year-round Sunday Farmer’s Market. Less than 1/4 mile to Temescal Alley, 4 miles to , 4 miles from with Amtrak station and SF Bay Ferry, and 11 miles to OAK. Oakland is richly diverse with world-renowned arts & culture, museums libraries, businesses and nightlife. Home to the famed Oracle Arena, Oakland A’s baseball and Golden State Warriors basketball teams. Oakland has 260 sunny days per year and its restaurants are topping “best of” lists nationwide. visitoakland.com NICHE 2017 BEST PLACES named Oakland, CA “The 2nd Most Diverse City in America”

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

ABOUT TEMESCAL DEMOGRAPHICS One of the oldest neighborhoods in Oakland, Temescal is located in North Oakland, centered on , a junction of several thoroughfares (Telegraph, Claremont, and Shattuck Avenue/51st). The commercial Temescal Population ± 39,590 heart of Temescal is Telegraph Avenue, between the MacArthur BART Station and 51st Street. This area is known Average Household Income $ 71,659 as eclectic and vibrant with delicious restaurants, cafés, and a hip nightlife. Popular eateries include Doña Tomás, Median Age 38 Homeroom, Bakesale Betty, Aunt Mary’s Cafe, Asmara Restaurant, Burma Superstar and Cholita Linda. Young families, bohemians and hipsters and are drawn to the local shops and services. Many shop owners Daytime Employees 17,910 have studios in their stores. “The Alleys”– two alleyways off 49th Street (at Telegraph) originally served as stables Population of Oakland 420,005 for the horse-drawn streetcar when it ran up Telegraph, and is now a commercial area with unique shops, coffee, (Source: CoStar) a barber shop, ice cream, an art gallery, Book/Shop, Crimson Horticultural Rarities nursery and Homestead Apothecary. Temescal Alley is a pedestrian thoroughfare, filled with small, artisan shops and a free-spirited vibe. AVERAGE DAILY TRAFFIC COUNTS PER DAY Just a 20-minute walk up Shafter Ave, and you will find yourself at Market Hall, a European-style marketplace in Highway 24 at Telegraph Avenue the adjacent Rockridge District. North or East Bound 141,000

NEIGHBORHOOD HIGHLIGHTS Highway 24 at Telegraph Avenue South or West Bound 129,000 • Studio One Arts Center offers low-cost classes in art, ceramics and photography. On Telegraph Avenue, in Temescal 25,000 • Temescal Pool, adjacent to Studio One Arts Center, serves the community with fun recreational programs. NEARBY BART STATIONS

WALK SCORE 93 • Temescal Street Fair, held in mid-June, highlights neighborhood Drive Walk Distance BIKE SCORE 95 artists, restaurants and merchants. • Rockridge 5 min 18 min 1.0 mi • MacArthur 4 min 18 min 1.0 mi • Temescal Farmer’s Market every Sunday

< 610 55TH STREET is just one block from where was located. This early 1900s amusement/trolley park boasted a wooden roller coaster, skating rink, opera house, zoo, ostrich farm, dance hall, racetrack and 3000-seat double-deck grandstand ballpark, a bandstand in its center and a mountain slide that sported a fireworks volcanic display.

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

Near Telegraph Avenue, with steadily increasing housing prices in the neighborhood. This is a vibrant, multicultural community with an attractive commercial district. In August 2004, commercial and residential property owners along Telegraph Avenue and adjoining areas voted to form a special benefits assessment district along Telegraph, from 40th to 66th Street (Berkeley border), including small portions of Shattuck Avenue, 51st Street, Claremont Avenue, and Children’s Hospital. Known as the Temescal/Telegraph Business Improvement District (TBID), it’s mission is to make the Temescal Telegraph commercial corridor more pedestrian-friendly for its residents, build upon the sense of community and attract new shoppers. TBID accomplishments include: litter pick-up, graffiti abatement; 70 new pedestrian street lights, 100 pole banners, gateway signage at district entry points; annual special event programming, 50 artistic murals and 100 planters with greenery installed.

• Forbes listed Oakland’s median Household Income at $86,066, and Oakland Job Growth (2016): 3.3% • Oakland’s major industries: Transportation, Financial Services and Health Care

NORTH OAKLAND SENIOR CENTER ZONE 1 Expansion 610 ZONE 1 BENIOFF 55TH STREET CHILDREN’S OAKLAND HOSPITAL ZONE 3

ZONE 2

BUSHROD PARK

TEMESCAL DISTRICT

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

PROXIMITY TO ENTIRE SF BAY AREA AND BEYOND Near several major cities as well as nature. Easy freeway access; close to 3 international airports (OAK, SFO and SJC). Oakland is ranked #1 among top US cities for international food (source: Travel Channel). • Many cafés and eateries within 1-2 blocks • 2 miles from UC Berkeley Campus • 2.5 miles to • 4 miles to Jack London Square • 9 miles to Oakland’s Oracle Arena • 10 miles to Embarcadero • 40 minutes to Silicon Valley 610 55th STREET • 1 hour to Napa and Sonoma OAKLAND, CA • 4 hours to both Yosemite and Lake Tahoe

ROCKRIDGE DISTRICT

TEMESCAL N DISTRICT

W E

S

To SFO Oakland To San Jose International Airport

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

RESTAURANTS, CAFÉS AND BARS Mariposa Baking Company The Avenue Cholita Linda Lanesplitter Pizza & Pub Shangri-La Vegan Primavera Caspers Hot Dogs Mountain Mike’s Pizza Kingfish Pub & Cafe Red Sea Restaurant Bowl’d BBQ Alem’s Coffee Bakesale Betty Roses’ Taproom Asmara Restaurant Marica Seafood Restaurant Peet’s Coffee & Tea Subrosa Coffee Pizzaiolo Blue Bottle Coffee Aunt Mary’s Cafe A16 Italian Restaurent La Calaca Loca Taqueria The Barrel Room 7 Burma Superstar Underwood Abesha Homeroom Khana Peena Temescal Alleys: Doña Tomás, The Hog’s Apothecary Curbside Creamery, The Cro Cafe

FITNESS Game Changer Fitness Flying Studios Yoga Studio East Bay Athletic Club Bliss Fitness and Health CrossFit Oakland Uptown Blue Sparrow Pilates & Fitness

RETAIL Marisa Mason Walgreens Temescal Produce Market Ruby’s Garden Mind’s Eye Vintage East Bay Depot Creative Reuse Manifesto Bikes Sherwin-Williams Paint Store Tip Top Bike Shop Mark’s Paint Mart Preserved Shoe Palace Blick Art Materials Standard & Strange Men’s Clothing Rockridge Two Wheels Temescal Alleys: Ali Golden, Long Weekend Home Goods Barbershop, BAGGU, Book/Shop, Funky Furniture Esqueleto, Marisa Mason, Sagrada, Homestead Apothecary, Crimson, Rockridge Two Wheels Lauren Wolf Jewelry Design, Kelly-Moore Paints It’s Your Move Games

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

PROJECTS CURRENTLY IN PIPELINE OR COMPLETED IN LAST 5 YEARS

610 Application approved 55TH STREET ROCKRIDGE OAKLAND Completed Application submitted - under review

Under construction Pre-application discussions

Within a 1-2 mile radius: • Children’s Hospital expansion

• 44 new residential units at 4801 Shattuck (under construction)

• 48 residential units and ±4,700 SF of retail at 4,700 Telegraph (under construction)

• 204 new units of residential and ±33,800 SF of retail located at 5110 Telegraph (approved)

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

FLOOR PLAN – PROPOSED 1st FLOOR

“LIVE” PORTION OF UNIT

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

FLOOR PLAN – PROPOSED GROUND FLOOR

“LIVE” PORTION OF UNIT

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

PROPOSED SOUTH ELEVATION

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365 610 55TH STREET, OAKLAND, CA

PROPOSED NORTH & EAST ELEVATION

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365

610 55TH STREET, OAKLAND, CA

NEIGHBORHOOD

Oakland’s Temescal District is highly walkable and bikeable. A new mural featuring Raiders running back Marshawn Lynch and Golden State Warriors forward Kevin Durant can be seen at 4900 Telegraph Avenue, near Temescal Alley.

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365

610 55TH STREET, OAKLAND, CA

NEIGHBORHOOD

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365

610 55TH STREET, OAKLAND, CA

NEIGHBORHOOD

The information contained herein has been provided by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we cannot guarantee it. All information should be verified prior to selling.

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365