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Bldg 2 1025 98th Ave

41,620 SF Vacant Industrial Building Oakland, CA 94603 $13,741,749 CAD ($330 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Large open distribution space, fully sprinklered, multiple docks outside and inside, with second floor new offices

EXECUTIVE SUMMARY

There are two buildings. Price covers both buildings. Main building is owner occupant opportunity with 41,620 sf warehouse with 5 grade level doors and 4 dock high bays. Currently used for Textile Rag company that will be relocated at close of escrow. Second building is 17,340 sf tenant occupied cannabis operation with lease through 1/31/25 with 5 year option generation an annual rent of $482,443 per year NNN.

TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

TAXES & OPERATING EXPENSES (ACTUAL - 2023) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $13,741,749 CAD
Price Per SF $330 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class C
Lot Size 2.67 AC
Rentable Building Area 41,620 SF
No. Stories 1
Year Built 1970
Parking Ratio 0.48/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 5

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Skylights
  • Yard

UTILITIES

  • Water - City
  • Sewer - City

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 41,620 SF
  • Industrial
  • Shell Space
  • Apr 2025

The warehouse spans 41,620 SF and includes approximately 2,400 SF of two-level office space. It features 4 restrooms, sprinklers, a 20 ft clear height, and 5 grade-level doors. Additionally, the facility is equipped with a 2x wide interior dock well, 3 covered dock high bays, and a 3-phase, 4-wire 400-amp electrical system with 277 volts and a transformer to 480 volts.

Space Size Space Use Condition Available
1st Floor 41,620 SF Industrial Shell Space Apr 2025

1st Floor

Size
41,620 SF
Space Use
Industrial
Condition
Shell Space
Available
Apr 2025

1st Floor

Size 41,620 SF
Space Use Industrial
Condition Shell Space
Available Apr 2025

The warehouse spans 41,620 SF and includes approximately 2,400 SF of two-level office space. It features 4 restrooms, sprinklers, a 20 ft clear height, and 5 grade-level doors. Additionally, the facility is equipped with a 2x wide interior dock well, 3 covered dock high bays, and a 3-phase, 4-wire 400-amp electrical system with 277 volts and a transformer to 480 volts.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
044-4989-010-06
Land Assessment
$5,932,884 CAD (2024)
Improvements Assessment
$8,859,774 CAD (2024)
Total Assessment
$14,792,659 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023

ZONING

Zoning Code IG/S-19 (General Industrial Zzone with S-19 Health and Safety Protection combining zone regulations. Allows general manufacturing, warehousing, wholesale sales)
IG/S-19 (General Industrial Zzone with S-19 Health and Safety Protection combining zone regulations. Allows general manufacturing, warehousing, wholesale sales)
  • Listing ID: 28979288

  • Date on Market: 2023-07-12

  • Last Updated:

  • Address: 1025 98th Ave, Oakland, CA 94603

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