About 3450 Lakeshore Avenue
Ideal for owner-user with a flexible mixed-use layout, 3450 Lakeshore Avenue is a two-story commercial building in the heart of Oakland's highly desirable Lakeshore neighborhood a vibrant retail corridor known for its strong pedestrian traffic and enduring demand. The property features nine commercial units, including two ground-floor retail spaces and a mix of private offices above. Six long-term tenants on month-to-month leases provide immediate income and flexibility for repositioning, while three vacant offices at closing create an opportunity for owner occupancy or strategic leasing. With excellent visibility, easy access to public transit and major freeways, and proximity to top national and local tenants such as Trader Joe's, Gap, Peet's Coffee, and Arizmendi Bakery, this property offers both stability and growth potential. An 8.40% market cap rate, flexible lease structure, and strong upside make this asset an exceptional opportunity for value-add investors, owner-users, or 1031 exchange buyers seeking a foothold in one of Oakland's most active commercial districts.
Features of 3450 Lakeshore Avenue
| MLS® # | 425061431 |
|---|---|
| Price | $1,198,000 |
| Bathrooms | 4.00 |
| Square Footage | 3,753 |
| Acres | 0.05 |
| Year Built | 1964 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 3450 Lakeshore Avenue |
|---|---|
| Area | Oakland Zip 94610 |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94610 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | BART Nearby, Freeway Nearby, Neighborhood, Near Public Transit, Restaurant Nearby, Shopping Nearby |
|---|
Additional Information
| Date Listed | July 29th, 2025 |
|---|---|
| Zoning | CN-1 |
Listing Details
| Agent | Louis Cornejo |
|---|---|
| Office | Urban Group Real Estate |