Property Details
About this Property
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.
MLS Listing Information
MLS #
SF425061431
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
32
Commercial Information
# Buildings / # Units
1 / 9
Parking Spaces
0
Present Use
Mixed, Office, Retail
Parking, School, and Other Information
Zoning
CN-1
Contact Information
Listing Agent
Louis Cornejo
Urban Group Real Estate
License #: 01518102
Phone: (415) 786-3662
Co-Listing Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
License #: 01368031
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 9 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3450 Lakeshore Ave is a Commercial Sale in Oakland, CA 94610. This 3,753 square foot property sits on a 2,018 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,350,000 and was built in 1964. This address can also be written as 3450 Lakeshore Ave, Oakland, CA 94610.
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This listing information is up-to-date as of August 23, 2025. For the most current information, please contact Louis Cornejo, (415) 786-3662
