The Scottish Rite Temple, an Oakland landmark that has graced the city’s landscape for the last century, is now on the market. Colliers, a leading real estate services firm, is facilitating the sale of this historic property located at 1547 Lakeside Dr. The firm highlights the temple’s approximately 85,000 square feet of space and its unprecedented offering, having never been formally marketed in its 100-year existence.
The marketing effort is led by Sid Ewing, SVP, and Paul O’Drobinak, senior associate, both of whom emphasize the building’s architectural significance and potential for redevelopment. “A rare gem of architectural and historical significance, this remarkable building stands as a testament to the past while offering unmatched potential for the future,” Ewing stated in an announcement covered by ConnectCRE. The property provides a unique opportunity for developers to retain historical elements while envisioning new uses that could add vibrancy and economic activity to the area.
Situated on a prime 1.46-acre parcel adjacent to Lake Merritt, the Scottish Rite Temple features expansive event and conference space over its four levels. The property includes an invaluable dedicated surface parking lot, which presents additional development potential. Interested parties are looking at various use options that could generate revenue soon. The parking area offers a rare opportunity for building a future commercial or mixed-use development…