1700 NE Seward Ave Ave.

About this listing

DESCRIPTION

Excellent mixed-use investment opportunity in the Historic Oakland District, where the City has invested in new sidewalks and decorative street lamps. Like this owner, other buildings in the vicinity have also been repurposed and revitalized by their owners, contributing to the ongoing improvement of the area. -- This property offers strong income potential and a flexible layout for an owner-occupant or investor. Zoned for mixed use, it has main access from Seward Avenue, one of the main arteries through the Oakland District, with full rear access via an alley that connects the two cross streets bordering the lot—allowing easy traffic circulation and multiple points of entry. -- The main building at the front of the property includes three office suites and one income-producing residential unit, currently rented at $550/month plus $100/month for utilities. One of the office suites includes approximately 360 square feet of basement space with a sump pump below for additional storage. All office units have a restroom and the largest unit also has a kitchenette. All units have been recently updated with new windows, fresh drywall and paint, upgraded ceiling lighting, modern plumbing fixtures, and new electric ductless cassette HVAC units. Existing gas lines still exist. A new TPO roof was installed in 2025, significantly reducing maintenance concerns. -- At the rear of the property is a CMU block warehouse building with a durable metal roof. This structure was formerly a two-bay drive-through car wash and features four overhead doors—two per bay—along with a small space on one end that could be converted into an office. The building is ideal for a contractor seeking shop space or a centralized base of operations and may also be leased separately to generate additional revenue. -- This is a rare opportunity to secure a versatile, income-generating property with recent updates and multiple use-case scenarios. Whether you're expanding your investment portfolio or seeking a business location with built-in revenue, this property is worth serious consideration.