[sudo-discuss] [spaghettinight] Buying Greater Galilee Church in West Oakland - Viewing Tuesday 8pm

[Marina Kukso]

http://oaklandwiki.org/Biff%27s_Coffee_Shop


On Sat, Sep 28, 2013 at 9:22 AM, Danny Spitzberg <stationaery at gmail.com>wrote:

> I've imagined breathing life into the round (carousel?) building at 27th
> and Broadway. Done right, a revitalization could bring great visibility to
> a good cause. Anyone have any insider info on that locale?
>
> [image: Inline image 1]
>
>
> On Fri, Sep 27, 2013 at 7:39 PM, Morten H. D. Fuglsang <vallebo at gmail.com>wrote:
>
>> Yes, the building itself is certainly not worth a lot/if anything. It was
>> built by one of the founders of that specific church, some 4-7 decades ago.
>> One of the churchgoers' fathers I believe. But hey! with some creativity,
>> skill and hard work anything is possible, and building new dwelling(s)
>> doesn't necessarily have to be a 2 year project.
>>
>> Might even be possible to get for less than 400k.
>>
>> Make a great day,
>> Morten H. D. Fuglsang
>> US: +1 415 799 6931 // skype: FlyvendeHest
>>
>>
>> On Fri, Sep 27, 2013 at 4:03 PM, David Wild <davidnorbertwild at gmail.com>wrote:
>>
>>> rad, max.
>>>
>>> you seem to know a thing or two about group financing. but for more info
>>> I bet you could get advice on group purchasing from this crew who is
>>> starting a community nexus in north oakland. check them out:
>>> https://www.facebook.com/theomniproject .  they recently acquired a
>>> huge lot on shattuck behind creative reuse!
>>>
>>> i can put you in touch with one of the founding members if you like!
>>>
>>> -dw
>>>
>>>
>>> On Fri, Sep 27, 2013 at 1:57 PM, Max Klein <isalix at gmail.com> wrote:
>>>
>>>> Hello All,
>>>>
>>>> ==What?==
>>>> There is a church that has gone bankrupt, and their property is for
>>>> sale.
>>>>
>>>> 2439 Adeline Street
>>>> Oakland, CA 94607
>>>>
>>>> The appraisal value is $500k, but it is not on the market yet.
>>>> (Appraisal pdf attached). So my feeling is that we can make an offer for
>>>> somewhere around $400k if we organize quickly.
>>>>
>>>> There are some pictures in the appraisal PDF.
>>>>
>>>> I have set up an appointment to View the church at 8pm on Tuesday 1st
>>>> October. I'm inviting you to come see if you want.
>>>>
>>>> ==Communal Buying==
>>>> There are several ways to buy the property. I am intrigued by a
>>>> multi-buyer shared-equity approach. Where everybody that pays not
>>>> necessarily equal amounts, owns equity in not necessarily equal amounts.
>>>>
>>>> There has also been an offer of lender financing if we put $178k down.
>>>>
>>>> I am open to creative solutions.
>>>>
>>>> ==Potential Uses==
>>>> Currently it is zoned "CIX" commercial-industrial mix. That means that
>>>> officially you can only use one-third of the space for living. If we were
>>>> to get a mortgage we would need a business license. Of course thought once
>>>> you own it, there isn't zoning police that check what you do with it.
>>>>
>>>> So we could make this into housing, hostel, a venue, keep it a church,
>>>> have a tiny house village on the back bit.
>>>>
>>>> Again I am open to creative solutions.
>>>>
>>>> ==Get in touch==
>>>> If you want to come to the viewing, please email or call me (7074787023
>>>> ).
>>>>
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>>>>
>>>
>>>
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>>
>>
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>
>
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