Off Market lease and/or purchase opportunity in Oakland, near Lake Merritt | Contact Peter Whang for further details
Price Upon Request
470 Lake Park Ave
1,600 Sq.Ft. 0.13 Acres
Description
The City of Oakland, situated in the East Bay area, boasts a population of over 430,000 residents, a significant portion of whom live near Lake Merritt. As the largest city in both the East Bay region and Alameda County, Oakland is a vital economic center with a major port facilitating international trade valued at over $40 billion.
The bustling Lake Merritt area experiences high daily traffic, thanks in part to its proximity to a major freeway exit mere seconds away. Within this dynamic urban landscape lies the vibrant Grand Lake neighborhood, renowned for its rich culture and diversity. Serving as a central hub for retail and commercial activities, this neighborhood draws consistent traffic due to its myriad attractions.
The communities surrounding Grand and Lakeshore Avenues contribute to the growth and dynamism of Oakland, forming an ever-evolving urban metropolis in the heart of the Easy Bay region.
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Location
470 Lake Park Ave, Oakland, CA 94610
Status
For Sale/For Lease
Investment Highlights
Lease rates negotiable, based on terms and landlord/tenant approvals
Central location in the heart of Oakland, one of the most densely populated areas of the East Bay
Situated in the Grand Lake neighborhood, walking distance from Lake Merritt
Close proximity to the city’s vibrant Commercial and Retail hubs
Surrounded by national retailers, including weekend Farmer’s Market
Over 500,000 residents within a 5 mile radius
Rare on-site parking spaces, including walk up window
Fully renovated interior and exterior in 2020
Located immediately off the highly trafficked I-580
Average household income in excess of $120,000 within 1 mile radius
