4185-4187 Piedmont Avenue, Oakland

Executive Summary Introducing a prime investment redevelopment opportunity on Piedmont Avenue in Oakland. This proposed 17,750-square-foot five-story multifamily property offers 14 residential units, open rooftop space, and premium retail space on the ground floor. Two of the 14 units will be offered at low-income, affordable rates, further enhancing the appeal. Demolition work will be required for the existing two-story commercial building and the surface parking at the rear of the lot. The seller is also open to negotiating the sale of the property “as-is,” and photos of the existing property/space are included. The existing property at 4185-4187 Piedmont Avenue is a 3,100-square-foot two-story office renovated in 2022 and is the perfect destination for a medical business, dental practice, or professional office. Recent renovations occurred on both floors to showcase a contemporary and professional environment. All property equipment is well-maintained, regularly updated, and in excellent condition. Staff and clients have access to 9 parking spots in the rear of the building. Adjacent to Landmark’s Piedmont Theater, Fenton’s Creamery, and many other local shopping and dining amenities, 4185-4187 Piedmont Avenue is an ideal setting for attracting clientele and providing convenience to staff members. Nestled at the historic intersection of Piedmont and Ridgeway Avenue, businesses benefit from high foot traffic and excellent exposure for advertising needs. Easy freeway access and excellent public transportation links are vital in the Bay Area, and luckily, this office complex is a quick five-minute drive to Interstate 580 and 903 and BART MacArthur Station. Many medical facilities, such as Kaiser Foundation Hospital and Alta Bates Summit Medical Center, are less than a mile away, providing the ideal synergistic opportunity for the medical space at 4185-4187 Piedmont Avenue. Take advantage of this unique opportunity on Piedmont Avenue and benefit from unparalleled access, visibility, and convenience.

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  Square Footage: 700 SF

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  Term: Negotiable

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  Lease Rate: $51.48

Investment Highlights

• City approved plans to transform this site into an affordable five-story apartment complex with rooftop space and storefront retail.
• Also for sale as-is, 4185-4187 Piedmont Avenue offers a two-story modern contemporary environment turnkey for a dental or professional business.
• The office has excellent visibility at the historic intersection of Piedmont and Ridgeway Avenue, which is traveled by over 17,000 vehicles daily.

• Strategically located at a recognized destination in Oakland, adjacent to landmarks like Piedmont Theater and Fenton’s Creamery.
• Staff and clients at the complex benefit from easy freeway access and public transportation links, making it easy to commute through the Bay Area.