721-745 5th St.

2 BR + 2 BR, 1 BA + 1 BA Oakland Mixed-Use Complex for Sale
$1,000,000

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Iconic Gingerbread House Complex in Jack London Square

Address: 721-745 Fifth Street
Community: Gingerbread House
City: Oakland
Bedrooms: 2 BR + 2 BR
Bathrooms: 1 BA + 1 BA
Style: Mixed-Use Complex
Parking: Street
Sold: $1,000,000
Sold On: 15-Sep-2015

This 6-piece sale consists of a collection of buildings conveniently located in Oakland’s Jack London Square. The two parcels, 721 and 745 5th Street, are situated on a prime corner lot totaling over 6,000 sq. ft. (per tax records). There is a Victorian-era cottage, a large gazebo/dining area, a commercial kitchen area (including a non-operating commercial walk-in), an owner’s office suite, a 2-bedroom flat, and a cafe space.

The property is zoned mixed-use and is on the edge of historic Jack London Square close to BART, freeway access, the ferry, bus lines, and Amtrak. A popular landmark for years, The Gingerbread House was a well-known Creole restaurant owned and operated by a local businesswoman. The complex was purchased in 2008 and has been lovingly and painstakingly restored by the current owner. The Gingerbread House Complex is a rare chance to own a piece of Bay Area history. 

721-745 5th Street is a fully gated property with custom wrought-iron fencing with a gate enclosing the front patio and entryway. Restored period stained glass accents add touches of charm. A brick patio with a custom gazebo leads to the restaurant to the left and arched French doors to a foyer area/additional seating to the right. A server station with a customized tile design connects the gazebo with the front patio and restaurant area in a perfect central location.

The large commercial kitchen space with a half bathroom and employee locker room or storage area is ideally situated for convenient employee access. The kitchen features a commercial drain and fully renovated interior walls with moisture barriers and fireproofing. 

Recent restaurant improvements include: 

• Plumbed for commercial sink and stove
• Stubbed for 4-burner oven
• Floor drains in service area and kitchen
• Updated plumbing, electrical, and foundation work
• Power: 200 amps

The large gazebo space with windows on all sides and wood floors offers the perfect opportunity for a unique dining experience or event space. A custom-tiled atrium with a peaked tile roof, a vintage punched tin ceiling, and a vintage light fixture opens to a sunny back patio perfect for outdoor dining. A flagstone path winds around the gazebo and leads to a garden courtyard with mature landscaping including a princess flower and redwood tree.

Above the restaurant is the owner’s office suite, which offers original molding, windows on three sides, and a full bathroom.

The separate Victorian-era cottage features two bedrooms and a split full bathroom; originally built in the 1890s, this unique property was transported to the complex in the 1980s and has been restored using period details.

Opening onto the corner of Fifth Street, the cafe building offers oversized windows on three sides, hardwood floors, high ceilings, custom woodwork accents, a bar, and a small commercial kitchen space. Above the cafe is a two bedroom, one bathroom apartment that can be perfect for an owner/resident or simply additional income.

Buyer to satisfy themselves with all permits, zoning, and use restrictions.

* Square footage and other information was received from third party sources. Such information has not been, and will not be, verified by Climb Real Estate Group. If important to buyers, this information must be verified by buyer's own investigation.

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