Oakland Mixed-Use Corner
For Sale
$950,000
10800 Bancroft Ave, Oakland, CA 94603
Mixed-use property with restaurant and residential space on corner lot.
Property Size2,595 SF
Price / SF$366.09
Days on Market266
Property Features for 10800 Bancroft Ave
General Information
Standard status
Active
Size
2,595 SF
Property subtype
Commercial/Industrial
Site & Location
Neighborhood
Elmhurst
Building Details
Year Built
1952
Listing Agency:
Ramsell Real Estate Inc
(510) 473-0706
Listed By:
Andrew Fung · License #01872964
(925) 915-8780
Source:
Exitrealty
Added: Feb 11
Changed: Oct 25
Last Checked: Oct 28 at 5:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ramsell Real Estate Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 10800 Bancroft Ave in Oakland, CA, this mixed-use property is positioned on a high-visibility corner lot. The property offers a blend of commercial and residential use, presenting an opportunity for investors, owner-operators, or entrepreneurs seeking live-work potential. The front unit is a street-facing restaurant with exposure and traffic, suitable for dining, take-out, or specialty food concepts. The back unit is a residential space with two baths, located behind the commercial unit.
Key Highlights
- High‑visibility corner lot location ideal for commercial exposure.
- Mixed‑use property offering both commercial (restaurant) and residential spaces.
- Strong foot and vehicle traffic, beneficial for business.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,207
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,140
$864.1K
Cap Rate 7%
$617,243
$617.2K
Cap Rate 9%
$480,078
$480.1K
Market Conditions
NOI Build-Up for 2,595 SF
Gross rent
$62.3K $24.00/SF
− Vacancy
−$4.7K −$1.80/SF
EGI
$57.6K $22.20/SF
− OpEx
−$14.4K −$5.55/SF
NOI
$43.2K $16.65/SF
Area
ZIP 94603
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,140
Cap Rate 7%
$617,243
Cap Rate 9%
$480,078
Alternative Uses
Best Use
Specialty Retail
$617.2K
$540.1K – $720.1K
NOI $43,207 @ 7.0% cap · market cap 4.55%
Second Best
Mixed Use
$559.7K
$489.7K – $653.0K
NOI $39,178 @ 7.0% cap · market cap 4.12%
Theoretical Best
Multifamily LT 5
$757.0K
$662.4K – $883.2K
NOI $52,991 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
818
Businesses Nearby
125k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 56%
Apparel 21%
Shops & Services 17%
Dining 6%
Foods Co
Groceries
40,339 visits/mo
0.4 miles
Safeway
Groceries
29,191 visits/mo
0.4 miles
Ross Dress for Less
Apparel
19,207 visits/mo
0.3 miles
ARCO
Shops & Services
9,305 visits/mo
0.2 miles
Wells Fargo
Shops & Services
7,592 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with restaurant and residential space on corner lot.
Where is this mixed-use property located?
The property is located at 10800 Bancroft Ave Oakland, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: High‑visibility corner lot location ideal for commercial exposure.; Mixed‑use property offering both commercial (restaurant) and residential spaces.; Strong foot and vehicle traffic, beneficial for business.
