705 37th Street, Oakland, CA 94609

Property Description

705 37th Street is a 4,644 SF industrial warehouse in Oakland's established 37th Street corridor, delivered fully vacant and priced below $200 per square foot. Whether you are an owner-user looking to occupy immediately or an investor positioning for lease-up, the fundamentals here are exceptional. The building's mechanical infrastructure sets it apart. Built out and operated as a commercial laundry facility wet processing, not dry cleaning, with zero dry cleaning chemicals or environmental liability the property carries 400-amp, 240V 3-phase electrical service, 2.5-inch plumbing throughout, and excellent drainage already in place. For laundry, car wash, food processing, manufacturing, brewing, or any wet-use industrial operation, this is a plug-and-play opportunity that would cost hundreds of thousands of dollars to replicate from a vanilla shell. Beyond the heavy infrastructure, the building is fully functional and ready to occupy. Additional office space provides administrative support, and two bathrooms serve the floor. The layout supports efficient operations from day one with no tenant improvement budget required. Delivered totally vacant, the new owner sets the terms occupy it, lease it, or reposition it for the highest and best use the market will support. At below $200 per square foot, the basis is protected before you sign the papers.