Four-Story Office
For Sale
$2,495,000
111 Broadway, Oakland, CA 94607
Vacant urban property with a penthouse, open floor plans, and access to waterfront amenities and multiple transit options.
Property Size10,189 SF
Lot Size0.09 Acres
Price / SF$244.87
Days on Market47
Property Features for 111 Broadway
General Information
Standard status
Active
Size
10,189 SF
Lot size
0.09 Acres
Property subtype
Office
Site & Location
Highway Access
Yes
Public Transit
Yes
Building Details
Building Size
10,189 SF
Year Built
1966
Buildings
1
Stories
4
Units
4
Listing Agency:
NAI Northern California
Listed By:
Tim Warren · License #CalDRE #02008347
(707) 363-2463
Source:
Nainorcal
Added: Sep 2
Changed: Oct 5
Last Checked: Oct 16 at 6:35AM
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 NAI Northern California
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Investment Insights
Based on property information with market context.
This ±10,189-square-foot office building spans four stories and includes a distinctive top-floor penthouse. The property is delivered 100% vacant, with open floor plans across the levels and a compact ±4,000-square-foot lot. Its configuration supports owner-user occupancy, creative office use, or a broader repositioning strategy without an existing tenant in place.
Located at 111 Broadway in Oakland’s Jack London Square, the building sits within a waterfront district surrounded by dining and retail. Ferry service, Amtrak, and BART are identified nearby, while I-880 provides regional highway access. The combination of a four-level layout, penthouse component, and transit-connected urban setting gives the property a recognizable commercial presence.
Located at 111 Broadway in Oakland’s Jack London Square, the building sits within a waterfront district surrounded by dining and retail. Ferry service, Amtrak, and BART are identified nearby, while I-880 provides regional highway access. The combination of a four-level layout, penthouse component, and transit-connected urban setting gives the property a recognizable commercial presence.
Key Highlights
- ±10,189 SF office building across four stories
- Top‑floor penthouse included in the building layout
- Delivered 100% vacant for owner‑user or repositioning plans
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,598
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,960
$2.7M
Cap Rate 7%
$1,951,400
$2.0M
Cap Rate 9%
$1,517,756
$1.5M
Market Conditions
NOI Build-Up for 10,189 SF
Gross rent
$239.6K $23.52/SF
− Vacancy
−$57.5K −$5.64/SF
EGI
$182.1K $17.88/SF
− OpEx
−$45.5K −$4.47/SF
NOI
$136.6K $13.41/SF
Area
Oakland, CA
Vacancy
24.00%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,731,960
Cap Rate 7%
$1,951,400
Cap Rate 9%
$1,517,756
Alternative Uses
Best Use
Office B
$1.95M
$1.71M – $2.28M
NOI $136,598 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.34M
$2.92M – $3.89M
NOI $233,509 @ 7.0% cap · market cap 9.36%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,133
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Vacant urban property with a penthouse, open floor plans, and access to waterfront amenities and multiple transit options.
Where is this office building located?
The property is located at 111 Broadway Oakland, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: ±10,189 SF office building across four stories; Top‑floor penthouse included in the building layout; Delivered 100% vacant for owner‑user or repositioning plans
