Contacts
Intero Commercial
Intero Commercial
Property Details
- Property Type Retail - Restaurant
- Property Size 2,630 SF
- Lot Size 2,500 SF
- Cap Rate % 4.56
- Additional Rent Contact for pricing
- Parking Spaces Avail. 3
- Parking Ratio 1.14 / 1,000 SF
- Year Built 1910
- Date Updated Dec 11, 2024
This unique investment opportunity offers a cash-flowing, mixed-use retail and residential property. The property is 2,630 sqft of space on a generous a 2,500 sqft lot with 3-car parking in the back. The neighborhood includes numerous retail businesses, the fire department and is minutes to 580 and 880 on-ramps. Offered at a 4.56% cap rate with current NOI, and a 6.41% pro-forma NOI, this property has upside potential in both rents and expenses.
Cash-flowing, mixed-use retail and residential property
3-car parking in the back
Minutes to 580 and 880 on-ramps
4.56% cap rate with current NOI; 6.41% pro-forma NOI
New sewer lateral updated
Electrical wires and panels updated
Double-pane vinyl windows for insulation
Tankless water heaters
Sub-floor and flooring enhancements
New parking fence and side fence
Thriving retail deli business that has served the community for an impressive 35 years
Stellar customer reviews
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Oakland, CA
- Neighborhood Elmhurst Park
- Zip Code 94603
- Market Bay Area
Points of Interest
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Coliseum
1.54 miles
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San Leandro
1.73 miles
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Oakland International Airport
3.15 miles
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Fruitvale
3.54 miles
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Bay Fair
4.13 miles
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Lake Merritt
6.26 miles
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Castro Valley
6.42 miles
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Oakland-Jack London Square
6.43 miles
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Oakland City Center - 12th Street
6.81 miles
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19th Street BART Street Elevator
6.86 miles
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Arco
0.09 miles
-
76
1.17 miles
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Shell
1.29 miles
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ARCO
1.32 miles
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Valero
1.48 miles
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Chevron
1.50 miles
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EVgo
3.80 miles
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Tesla Supercharger
4.33 miles
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ChargePoint
4.53 miles
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eVgo
6.11 miles
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Creative Energy Foods Employee Parking
0.50 miles
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Malibu Lot
1.50 miles
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Courtyard by Marriott parking
1.54 miles
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FastTrack Airport Parking
1.56 miles
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Oakland Coliseum & Oracle Arena Parking Lots (B, G, C, E)
1.62 miles
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Enterprise Rent-A-Car
1.68 miles
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Fly N Save Airport Parking
1.72 miles
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Airport Corporate Centre
1.76 miles
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Oakland Coliseum & Oracle Arena Parking Lots (A, F, D, H)
1.82 miles
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Park 'N Fly
1.92 miles
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McDonald's
0.05 miles
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KFC
0.11 miles
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Ramos Mexican Restaurant
0.39 miles
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Zacatecas
0.80 miles
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Happy Dogies
1.05 miles
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Sam's Super Burgers
1.10 miles
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El Sazón Oakland
1.11 miles
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Happy Donuts
1.17 miles
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Carl's Jr.
1.17 miles
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Aqua Fresh Fish and Chips
1.18 miles
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Super Mercado Mi Tierra
0.08 miles
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FoodMaxx
0.70 miles
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Ross
1.13 miles
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Foods Co
1.27 miles
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Safeway
1.27 miles
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Gazzail's Supermarket
1.61 miles
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Eastmont Town Center
1.63 miles
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Pelton Plaza
1.80 miles
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Burlington
2.09 miles
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Walmart
2.13 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.