3416 Piedmont Ave Oakland, CA 94611

Fantastic entitled development opportunity in Oakland’s rapidly emerging Broadway-Valdez Corridor neighborhood. 3400-3416 Piedmont Ave consists of 2 vacant parcels of land totaling approximately 4862 ft.². Approved plans for a 4-story mixed-use building w/6-residential units over a 766 ft.² ground floor commercial/retail space, residential lobby w/elevator, indoor parking for 5 cars. The 2 adjacent parcels are located at the northernmost boundary of Oakland’s emerging Broadway-Valdez District Corridor, at the corner of Piedmont Ave & Croxton Avenue. Great shopping & destination dining along Piedmont Ave, Temescal, & The Uptown Art’s & Entertainment District. Close proximity to 2 BART stations (MacArthur BART & 19th Street BART), AC Transit, & adjacent to medical campuses of Kaiser & Summit/Alta Bates. Currently, the property is an income producing parking lot; $2500/month, month-to-month lease; $30,000 annual revenue.