721 5th St, Oakland CA 94607 | $1,400,000

Own a piece of history with this iconic building, this was once the Gingerbread House Restaurant. This amazing opportunity consists two parcels and 3 buildings in total with charming outdoor space. 745 5th St is a 2 story Victorian on the corner with Angel Cakes Bakery and a 2 bedroom apartment above with a long term tenant in place. Next door at 721 5th St, there are two buildings with a spacious garden courtyard in between. The main 2 story Victorian is ideal for events and offers tons of flexible space, multiple meeting rooms, 2 bathrooms and an industrial fridge. Its bright and open gazebo and enclosed patio overlooking the garden are at the heart of its charm. The detached cottage has a bright meeting room with additional meeting rooms, storage and bathroom. The garden courtyard is flourishing with greenery, water feature potential and mature trees. Amazing location off of the 880 onramp and a few short blocks to Jack London Square with the ferry terminal. This is a great opportunity for a possible SBA loan and potential to customize this property for your own community space, small business or restaurant.

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