The once thriving Palace Theater, 1453 23rd Avenue, sits on the corner of 23rd Avenue and E. 15th Street in Oakland. The grand building houses two seating areas in the main hall and the mezzanine, where each seat has a direct sight line to the stage. The property has over 16,000 square feet of usable space including meeting rooms, classrooms, numerous restrooms and a small kitchen. Most recently home to a religious organization, the property benefits from the organization’s approved Conditional Use Permit early last year. This offers an easy transition into the building for a similar type of business.
The property also has a large gated parking lot facing E. 15th Street with approximately 28 spaces. An additional 4,475 square foot parking lot is also available (2280 E. 15th Street) for $200,000.
The current ownership also has architectural plans for approximately 40 live-work units available for the next developer. Please inquire below.