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Kaiser Building Changes Hands for $4.8 Mil

OAKLAND, CA-The building stands at 19th and Broadway, directly above The19th Street BART station. The 75-year-old building has stood vacant more than a decade, and will need extensive renovation before being brought to market.

By Raymond Aguilera | Updated on October 30, 2000

OAKLAND, CA-The downtown Kaiser building has changed hands for $4.8 million, according to recent reports. Tom Coates and Tim Scherer hope to close the sale within the next 75 days.

The building stands at 19th and Broadway, directly above The19th Street BART station. A small perking lot is also included in the purchase price. The 75-year-old building needs extensive renovation before being brought to market, which could add another $5 million to the price tag.

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