CA > Oakland
Oakland, CA 94612,1508 Madison ST
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Oakland, CA 94612,1508 Madison ST
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Terrence Jones Compass
$ 1,073,000
Est. payment /mo
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Active

1508 Madison ST Oakland, CA 94612

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 425066134

HOA Y/N No

Property Sub-Type Commercial

Property Description

The subject property at 1508 Madison Street is currently being leased as a parking lot. The tenant has a month to month lease on the property that can be ended with a 30 day notice. The income is $2,000 per month for parking. The lot is approximately 7,000 Sq. Feet. It has a 50' wide frontage on Madison Street and is 140' deep. We believe the property is zoned R-90. This zoning designation indicates a residential area that may include small multi-unit buildings. The building that is located 4 lots to the South of the Subject on Madison was built on a similar shape and size lot. On that lot, 34 units of apartments were built in 1910. The subject property enjoys excellent access to public transit. The Lake Merritt BART Station is a 9 minute walk from the property. This property is being marketed as is and with no entitlements in place. Buyers are to verify all details of what can be built or operated in this location.

Location

State CA

County Alameda

Area Oakland Zip 94612

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Building

New Construction No

Others

Tax ID 0080631014

San Francisco MLS - SFAR
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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