506 Wesley AVE, Oakland, CA 94606

$99,999

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Property Description

Once in a lifetime opportunity to own an extremely unique property with potential for several uses. The current zoning is RU-4 which would allow for a 45' tall structure which could be commercial, residential, or both. There is an existing structure on site, it is in need to updating if it were to be kept, and could be used strictly as a storage. The roof is in bad shape, some of the inside walls are in bad shape, and generally it needs work. It does have power on site, no water or sewer. The current owner purchased this as vehicle and garage storage in 1997 for $45k, he is now retired and no longer has use for it. You are free to drive-by and view the outside, the inside can be seen by appointment at this time. Any buyer will want to communicate with the city and confirm development opportunities or consult the city + their contractor in regards to repairs/modifications/alterations. Sold as is, no warranty.

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Listing courtesy of Zee Gharaati from TD Homes Realty. 408-540-4225

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