Investment Opportunity in Oakland, CA

920 52nd Ave Oakland, CA 94601

920 52nd Ave, Oakland, CA, 94601
920 52nd Ave, Oakland, CA, 94601
FOR SALE
Property Type:
Free Standing Building
FOR SALE
Amount:
Please Call Broker for Price

Last Verified:
Nov 06, 2020

Price Improvement to $575,000!  

920 52nd Ave is a retail/residential property approximately +/-1,050sf situated on a +/-4850sf corner lot. The property is zoned HBX-1 which permits many commercial uses and is located in Oakland's Green Zone which makes it a unique investment for the right cannabis buyer. The property has a large back lot, 3 rooms, 1 1/2 bathrooms, and a basement. This is an ideal owner-user or investment opportunity for any buyer in the East Bay Market.

 


Map of 920 52nd Ave, Oakland, CA, 94601

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.