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Listed by Andrea West • eXp Realty of California
$ 1,400,000
Est. payment | /mo
3,915 SqFt
$ 1,400,000
Est. payment | /mo
3,915 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,915 sqft
Price per Sqft $357
MLS Listing ID 41076902
HOA Y/N No
Originating Board BAY EAST
Year Built 1906
Lot Size 6,093 Sqft
Property Description
The 721-745 5th Street mixed use complex is your opportunity to own a piece of historic Oakland. These two parcels, previously known as the Gingerbread House (a well known cajun/creole restaurant) are mired in Oakland history and a cornerstone piece of the community. On 745 5th Street, Angel Cakes Bakery, a well known and frequented establishment and the residential apartment above the bakery are fully leased and occupied with renewed leases as of this month. A community based, non-profit popular for events currently resides on 741 5th Street with a flexible lease term. There is a lush courtyard in between two structures at 741 5th St. providing great use of space and inviting atmosphere. Great opportunity for an investor to come into a stabilized asset with value-add opportunity, or a owner/user to move their business into part or the entire space at 721. These parcels are unique, full of character and charm. Stained glass windows, hard wood floors, and wood built-ins exist throughout every structure. Please inquire for more details on purchasing these parcels as a pair, or separately. www.HistoricOaklandGems.com
Location
State CA
County Alameda
Interior
Heating Other
Cooling No Air Conditioning
Flooring Hardwood, Tile
Fireplace No
Building
Lot Description Corner Lot, Back Yard, Garden, See Remarks
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Melanie Peterson-Katz
Partner | Lic# 00890767