REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ken Wu • Compass
$ 1,500,000
Est. payment | /mo
1,626 SqFt
$ 1,500,000
Est. payment | /mo
1,626 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,626 sqft
Price per Sqft $922
MLS Listing ID EB41101723
Year Built 1965
Lot Size 8,000 Sqft
Property Sub-Type Commercial Property
Source Bridge MLS
Property Description
This is a prime covered land development opportunity located at 1901 Park Blvd in Oakland, CA 94606. The highly visible site offers flexible development potential, with plans for either a 12-condominium or 23-condominium building, featuring 3,664 square feet of flexible retail space, over 3,000 square feet of rooftop lounge, and 5,346 square feet of parking garage space. The 23-condominium plan will be entitled by June 30, 2025, with AH impact fees exempted due to the inclusion of two affordable units. The seller has also paid over $400,000 on engineering designs, which are ready to be submitted for building permits. If the buyer prefers to utilize the land for other business purposes and wants to add an underground garage (currently approved at 5,346 square feet), the seller offers to cover the demolition, excavation, disposal costs, which are quoted at over $1,000,000 in value (the buyer will be responsible for pouring the concrete). In any case, the seller offers to clean up the site and complete the agency-approved remediation before handing the land over to the buyer. These flexible offerings present a rare opportunity to secure a centrally located, entitlement-advantaged property with substantial cost savings and development upside.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Zoning CN-3
Exterior
Exterior Feature Other, Stucco
Parking Features Common Parking Area, Street
Roof Type Other
Others
Tax ID 021-022-9012
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION
Drew Reid
REALTOR® | Lic# 01332884