Waterfront commercial property around the Bay is scarce, and that's exactly why it holds value. It also comes with rules that inland property doesn't. Here's what buyers should know.
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Where we're looking
- Emeryville: marina-adjacent office, flex and hospitality near Emery Cove and the Point
- Oakland: Jack London Square and the estuary waterfront
- Alameda: marinas, maritime businesses and former base property along the estuary
- Sausalito: marine-industrial, houseboat marinas and waterfront office
Shoreline permits (BCDC)
The San Francisco Bay Conservation and Development Commission regulates development in the Bay and along the shoreline band, generally the first 100 feet inland from the shoreline. Changes in use, new construction and some renovations may need a BCDC permit and public access improvements. Check before you plan.
Flood zones and sea level rise
Review FEMA flood maps, insurance costs and local sea level rise plans. Lenders and insurers will.
Tidelands and leases
Some waterfront parcels sit on public trust tidelands and are leased, not sold. Confirm whether you're buying fee title or a ground lease.
Financing
If your business will occupy the building, an SBA 504 loan can work. Investment buyers may consider a 1031 exchange.
