Grocery Store with Bakery and
For Sale
$849,888
10228 International, Oakland, CA 94603
COMMERCIAL - Oakland, CA
Property Size1,988 SF
Lot Size0.06 Acres
Price / SF$427.51
Days on Market134
Property Features for 10228 International
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Parking features
Secured, On Street
Subdivision
East Oakland
Lot features
Corner Lot, Commercial, Freeway Nearby, Public Transport Nearby, Restaurant Nearby
Directions
98th Ave to International+103rd
Standard status
Active
APN
47551713
Size
1,988 SF
Lot size
0.06 Acres
Building Details
Year built
1924
Flooring type
Tile, Tile - Ceramic
Building materials
Stucco, Concrete
Roof type
Flat, Tar/Gravel
Listing Agency:
Real Estate Ebroker Inc
(760) 722-3222
Listed By:
Son Luu · License #01711002
(510) 409-6855
Added: Mar 25
Changed: Aug 4
Last Checked: Aug 5 at 10:06AM
MLS# 41128524
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a grocery and convenience-style storefront currently operating as a bakery and fresh produce market. The space comes equipped with essential fixtures and equipment to support a smooth transition for a new operator, and the flexible layout is suitable for a range of retail or food-related uses.
Set on a 0.0574-acre lot, the property provides approximately 1,988 square feet. It is located on the high-traffic corridor of International Blvd in Oakland, surrounded by dense residential neighborhoods, with visibility and consistent daily foot traffic.
Built in 1924, the building features stucco and concrete construction, ceramic tile flooring, and a flat tar/gravel roof. Parking is available via on-street parking and secured parking. Zoning is COMM.
Set on a 0.0574-acre lot, the property provides approximately 1,988 square feet. It is located on the high-traffic corridor of International Blvd in Oakland, surrounded by dense residential neighborhoods, with visibility and consistent daily foot traffic.
Built in 1924, the building features stucco and concrete construction, ceramic tile flooring, and a flat tar/gravel roof. Parking is available via on-street parking and secured parking. Zoning is COMM.
Key Highlights
- Currently operating as a bakery and fresh produce market with fixtures and equipment
- Approximately 1,988 square feet of retail space
- 0.0574‑acre lot
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.7k | $24.00 |
| − Vacancy | −$3.6k | −$1.80 |
| EGI | $44.1k | $22.20 |
| − OpEx | −$11.0k | −$5.55 |
| NOI | $33.1k | $16.65 |
1,988 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$472.9K
$413.8K – $551.7K
NOI $33,100 @ 7.0% cap · market cap 3.89%
Second Best
Retail
$395.1K
$345.7K – $460.9K
NOI $27,654 @ 7.0% cap · market cap 3.25%
Theoretical Best
Multifamily LT 5
$579.9K
$507.5K – $676.6K
NOI $40,596 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
63k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 35%
Shops & Services 20%
Electronics 5%
FoodMaxx
Groceries
24,929 visits/mo
0.3 miles
McDonald's
Dining
21,633 visits/mo
0.3 miles
AutoZone
Shops & Services
10,242 visits/mo
0.1 miles
Cricket Wireless Authorized Retailer
Electronics
3,319 visits/mo
0.1 miles
U-Haul Neighborhood Dealer
Shops & Services
1,448 visits/mo
0.0 miles
Demographics for 94603, CA
36,681
Population
11,199
Households
3.3
Avg Household Size
32
Median Age
15%
College-Educated
69%
High-School Grad
2.7 sq mi
ZIP Area
13,586
Density / Sq Mi
$71,086
Median Household Income
$37,025
Median Earnings
$1,838
Median Rent
$596,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- FoodMaxx — 10950 International Blvd, Oakland, CA 94603
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Well-equipped bakery and fresh produce market on a high-traffic International Blvd corridor with on-street and secured parking.
Where is this grocery and convenience store located?
The property is located at 10228 International Oakland, CA.
What is the asking price?
The asking price for this property is $849,888.
What are key features of this property?
This property features: Currently operating as a bakery and fresh produce market with fixtures and equipment; Approximately 1,988 square feet of retail space; 0.0574‑acre lot
