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1240 47th Avenue For Sale, Oakland CA

+/- 3,503 RSF • $1,200,000 • Available
Price
$1,200,000
Size
+/- 3,503 RSF
Highlights

PARCEL SIZE: +/-0.07 Acre
APN: 034-2 55-01800

Equipment-heavy asset. Unique “turn-key” Oakland commercial kitchen facility/property for sale. This is not just a building. It is a heavily equipment-weighted asset – and that changes everything from a tax standpoint (see “Bonus Depreciation Info” on page 3 of brochure). A rare opportunity – all kitchen infrastructure is in place; equipment is negotiable.

  • This property is different because it is equipment-heavy and infrastructure-heavy
  • It is not just square footage – it is accelerated depreciation potential
  • Buyers should consult their CPA regarding specific eligibility and current bonus depreciation percentage
  • Former USDA-approved meat factory
  • Second floor office area
  • 2 restrooms
  • 2 large walk-In refrigerator and freezer units
  • Washable walls, floor drains, and mop sink
  • Two-car garage
  • Storage space
  • Security system
  • Fully sprinklered
  • Sewer lateral certificate is valid (won’t need new one for sale)
  • Fully built out for food production and ideal for catering operations, ghost kitchens, or commissary use
  • New roof
  • New fire suppression system
  • Up to date and Code Fire Sprinkler System
  • Recent hood balance air test/report
  • Updated electrical for ovens
  • Required environmental health improvements made
  • New kitchen flooring
  • New water heater
  • New grease trap installed
  • New camera and alarm system
  • Located in a high-demand region with easy freeway accessibility between both I-880 and I-580; close to I-80, Oakland International Airport, and the entire San Francisco Bay Area

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