1185 Ocean Avenue, Emeryville, CA, 94608

1185 Ocean Avenue Emeryville, CA 94608

1185 Ocean Avenue, Emeryville, CA, 94608
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FOR SALE
Property Type:
Factory
Amount:
$1,600,000
Last Verified:
Sep 17, 2024

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Highlights

  • ±4,183 SF of Industrial Space (excluding large mezzanine and covered patio area)
  • Equipped With an Office and Workshop Along With a Large Garage in the Rear
  • Recent Phase II Was Completed in August 2024 With No Soil Remediation Required
  • Two Large Gated Yards on Adjacent Sides of the Building
  • Large Warehouse with a Ceiling Height of ±27' Feet
  • Additional ±630 SF Large Mezzanine in the Back Warehouse

Description

Introducing 1185 Ocean Avenue in Emeryville, a prime industrial/manufacturing investment opportunity. This ±4,183 SF building, originally built in 1958, features a spacious warehouse with a clear height of 27 feet and a ±630 SF mezzanine, providing ample vertical storage or workspace. The property includes an office, workshop, and a large rear garage, making it versatile for a wide range of industrial operations. A recent Phase II environmental assessment, completed in August 2024, confirmed that no soil remediation is required, ensuring a clean site. With two expansive gated yards on adjacent sides, the property offers both flexibility and security. Its strategic location in Emeryville makes it a standout choice for industrial investors.

Located in the heart of Emeryville, a vibrant city known for its business-friendly environment and strategic location between Oakland and Berkeley, this property offers excellent access to major highways and transportation routes, including Interstates 80 and 580. Emeryville is a hub for innovation, attracting a diverse range of industries, from tech and biotech to manufacturing and logistics. The city’s proximity to the Port of Oakland and major commercial centers makes it an ideal location for industrial investment. With strong demand for industrial space and continued growth in the area, this property offers significant upside potential for investors looking to capitalize on the region’s economic strength.


Year Built: 1958
Building Size: 4183sq ft
Lot Size: 0.66 acres

Map of 1185 Ocean Avenue, Emeryville, CA, 94608

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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.