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Bancroft Avenue Investment Opportunity
For Sale
$1,200,000

10801 Bancroft, Oakland, CA 94603

Oakland property with laundry business and development potential.

Property SizeContact for details
Days on Market102

Property Features for 10801 Bancroft

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1952
Listing Agency: RAMSELL REAL ESTATE INC
Listed By: Mei Tang
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 3 at 6:00AM

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

Investment Insights

Based on property information with market context.

This property on Bancroft Avenue in Oakland presents an investment or redevelopment opportunity. It includes an established, operating coin-operated laundry business and an adjacent vacant lot. The site offers street visibility in a well-trafficked area. The property is suitable for investors, owner-operators, or developers. Potential uses include continuing the laundry business, expanding the current use, or exploring redevelopment options. The location has a bike score of 62, indicating it is bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 57, indicating good transit options.

Key Highlights

  • Established coin‑operated laundry business provides immediate income.
  • Includes adjacent vacant lot, offering future development potential.
  • Strong street visibility in a well‑trafficked area.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby
125k
Monthly Visits Nearby

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Oakland property with laundry business and development potential.
Where is this retail space located?
The property is located at 10801 Bancroft Oakland, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Established coin‑operated laundry business provides immediate income.; Includes adjacent vacant lot, offering future development potential.; Strong street visibility in a well‑trafficked area.
More about this property
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