705 37th Street
Fully Vacant Warehouse Perfect for Laundromat & Dry Cleaning
Marketing description
705 37th Street presents a rare opportunity to acquire a 4,644 SF industrial warehouse in Oakland's established 37th Street industrial corridor. Delivered 100% vacant, the property offers immediate flexibility for an owner-user seeking occupancy or an investor looking to lease or reposition the asset. With an asking price below $200 per square foot, the property offers an attractive basis relative to replacement cost.
Purpose-built for commercial laundry operations (wet processing—not dry cleaning), the building features infrastructure that is difficult and expensive to replicate, including 400-amp, 240V three-phase power, 2.5-inch plumbing throughout, extensive floor drainage, and utility improvements designed for high water-use industrial operations. Importantly, the property has no history of dry cleaning operations, eliminating concerns associated with common dry-cleaning environmental liabilities.
The existing improvements make the building well suited for a variety of industrial users, including commercial laundry, food production, beverage manufacturing, light manufacturing, automotive uses, car wash support, fabrication, or other utility-intensive businesses. Existing office space and two restrooms provide functional administrative support, allowing many users to occupy the building with minimal additional improvements.
Whether utilized as an owner-user facility or repositioned as an income-producing industrial asset, 705 37th Street offers a compelling combination of vacancy, infrastructure, and pricing in one of Oakland's established industrial markets.
Investment highlights
100% Vacant – Immediate occupancy for an owner-user or lease-up opportunity for investors.
Below $200/SF Asking Basis – Attractive pricing relative to replacement cost.
4,644 SF Industrial Warehouse – Functional layout with warehouse, office, and two restrooms.
400-Amp, 240V Three-Phase Electrical Service – Ideal for power-intensive industrial operations.
Heavy Utility Infrastructure – 2.5-inch plumbing and extensive drainage already installed.
Purpose-Built for Wet Processing – Previously operated as a commercial laundry facility with no dry-cleaning operations.
No Known Dry-Cleaning Environmental Liability – Eliminates concerns commonly associated with former dry-cleaning facilities.
Flexible Industrial Use – Suitable for commercial laundry, food processing, beverage production, manufacturing, fabrication, automotive uses, and other utility-intensive businesses (subject to zoning).
Owner-User or Investment Opportunity – Occupy immediately, lease to an industrial tenant, or reposition for long-term value creation.
Established Oakland Industrial Location – Situated within Oakland's well-known 37th Street industrial corridor with convenient regional access.
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