Property Detail

6551 Telegraph Avenue

Oakland CA 94609-1113

$2,500,000

Status: Active

Property Details

Description

Monumental opportunity to acquire the historic White Horse Inn. This fully leased investment offers a ±7,600-square-foot, two-story mixed-use building features the iconic White Horse bar on the ground floor and five spacious apartment units above. The property is fully occupied and generating strong cash flow, anchored by a triple-net (NNN) lease on the commercial space and near-market rents on the residential units, with on-site parking for each unit on 7,770-SF corner lot. Location a very short distance to UC Berkeley Campus in wonderful and convenient North Oakland Neighborhood. The White Horse bar is a renowned Bay Area landmark and is widely recognized as the oldest continuously operating gay bar in the United States.

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