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$6,888,000
821 Webster St, Oakland, CA, 94607
13,705
Square Feet
Great investment opportunity for this fee simple interest in 821 webster, improved with a two-story mixed use building. It consists of reinforced concrete construction built in 1937. Located at the corner of Webster St. and 8th St., in the heart of Chinatown. The total building area is approximately 13,705 square feet excluding the basement area. 821 Webster is two story building located in the heart of Chinatown of Oakland with a walk score of 100, only a nine minute walk to the 12th street BART station and the Lake Merritt BART station. The site is 100% leased, anchored with a commercial bank, and other first level four commercial tenants including a herbal shop, hair salon, shoe store and a professional service office. Building upper level are 10-unit residential, three studios and seven 1-bedroom units. Site location nearby are courthouses, city hall, and Jack London square with its many restaurants and breweries that is an easy bus ride or 10 minute walk.
Offered By
Kent Hu, Broker
Property Details
Property Type
Commercial Sale
Status
Active
Property Sub Type
Commercial Sale
Square Feet
13,705
MLS #
41045983
Year Built
1937
Parking Features
None
Lot Features
Business District, BART Nearby, Commercial, Neighborhood Commercial, Public Transport Nearby, Residential Area, Restaurant Nearby
CITY
Oakland
COUNTY
Alameda
AREA
Listing
STATE
CA
LATEST UPDATE
2023-12-20T11:18:10.087Z
PRICE CHANGE(S)
$6,888,000 Dec 14, 2023
Property Details
Property Type
Commercial Sale
Status
Active
Property Sub Type
Commercial Sale
Square Feet
13,705
MLS #
41045983
New Properties On Market
36
80%
Increase In New Listings
Average Asking Price
$605,633
$93,985 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$292
$132 Decrease In List Price/Sq. Ft.
Data as of May 01, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.