4048 Piedmont Avenue is located on the corner of Glen and Piedmont Avenues in the heart of the Piedmont Avenue Shopping & Business district. Piedmont Avenue features an eclectic mix of retail, residential and business services. Small boutique retail stores like Bella Ceramica, Rare Bird and the Nancy Ahuna Day Spa mix with trendy eateries such as Dopo, Cesar and Lo Coco's to line both sides of the avenue. Combined with favorites such as the classic Fenton's Creamery, Barney's Gourmet Burger and Piedmont Market make this district one of Oakland's most desired neighborhoods. This corner building consists of two retail spaces and eight residential apartments addressed at 11 Glen Avenue. The residential units are a mix of three (3) one bedroom and one bath units. Each unit is individually metered for gas and electric utilities. The building is 100% occupied and has two long term retail tenants currently in place. The Surprise! gift shop and the Tobacconist are tenured tenants that have month to month leases currently in place. The neighborhood has long been a draw for shoppers and renters of all ages. Located just a short distance from downtown Oakland and Lake Merritt, 4048 Piedmont is steps away from municipal transportation and walking distance to Macarthur BART. Nearby freeways 580, 24 and 880 provide access to San Jose, Silicon Valley, Berkeley, San Francisco and points beyond.
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