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638 Webster St
Oakland, CA 94607 Chinatown

$2,950,000 USD

Office For Sale • 20,000 SF

Property Details

Property Type Office
Total Building Size 13,972 SF
Lot Size 0.11 AC
Building Class B
Year Built 1986
Cap Rate 7.73 %
Tenancy Multiple
Zoning C-45

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Approximately 20,000 SF Gross Multi-Tenant Office Building situated in the heart of Oakland's Chinatown and Downtown District.
                            
                                Prime Transit-Oriented Location with convenient access to BART, Amtrak, AC Transit, SF Ferry, Interstate 880, and Interstate 980.
                            
                                Value-Add Leasing Upside through the lease-up of currently available office and medical suites.
                            
                                Flexible Suite Configurations featuring large windows, natural light, high ceilings, HVAC, elevator service, and shared common-area amenities.
                            
                                The property is situated in a dense commercial corridor surrounded by restaurants, retail services, professional offices, and cultural destinations.
                            
                                Opportunity to acquire a centrally located urban office asset below replacement costs in the Bay Area office market.

Cap Rate:

7.73 %

Amenities

Metro/Subway
Property Manager on Site

Public Transportation

Commuter Rail	Drive	Walk	Distance
	2 min	8 min	0.4 mi
	10 min	-	5.5 mi
Transit/Subway	Drive	Walk	Distance
12th St Oakland City Center Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART))	2 min	9 min	0.4 mi
Lake Merritt Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART))	2 min	9 min	0.5 mi
19th St Oakland Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART))	3 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Metro Oakland International	15 min	-	8.9 mi
San Francisco International	36 min	-	23.8 mi
Norman Y Mineta San Jose International	50 min	-	40.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	CoveredTandem
Included in Rent:	Yes

David Ching 510-379-1233 Marcus & Millichap

638 Webster St Oakland, CA 94607 Chinatown