Retail Space in Mixed-Use
For Sale
Contact for pricing
115-222 Broadway/Water St, Oakland, CA
Retail space available in Oakland's vibrant mixed-use neighborhood.
Property Size2,000 SF
Lot Size0.80 Acres
Price / SF$387
Days on Market251
Property Features for 115-222 Broadway/Water St
General Information
Standard status
Active
Size
2,000 SF
Lot size
0.80 Acres
Property subtype
RETAIL
Listing Agency:
Chromata Retail
(510) 334-8606
Listed By:
Jamie Flaherty-Evans · License #01432663
(510) 334-8606
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:22AM
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 Chromata Retail
Investment Insights
Based on property information with market context.
The Ellington is a 16-story, owner-occupied residential building featuring 134 units. Located in Oakland's mixed-use neighborhood, the property benefits from a robust daytime workforce and a vibrant entertainment district. The area hosts over 150 community events annually, including Farmer’s Market and Maker’s Market events. Known as Oakland’s ‘Beverage Belt,’ the neighborhood includes coffee roasters, wineries, taprooms, bars, wine shops, and breweries. The property is near Oakland’s SF Bay Ferry terminal and Amtrak station, offering convenient access to BART. The available retail space is 2,000 square feet.
Key Highlights
- Prime location in Oakland's vibrant mixed‑use neighborhood with easy access to SF Bay Ferry, Amtrak, and BART.
- Located in Oakland's 'Beverage Belt' with numerous coffee roasters, wineries, taprooms, and breweries.
- Active community with over 150 events per year, including Farmer's and Maker's Markets.
Financial Insights For 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 | $58.6k | $29.28 |
| − Vacancy | −$3.2k | −$1.58 |
| EGI | $55.4k | $27.70 |
| − OpEx | −$16.6k | −$8.31 |
| NOI | $38.8k | $19.39 |
2,000 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$554.0K
$484.7K – $646.3K
NOI $38,778 @ 7.0% cap · market cap 5.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$654.8K
$573.0K – $763.9K
NOI $45,836 @ 7.0% cap · market cap 5.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,715
Businesses Nearby
163k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 58%
Shops & Services 19%
Dining 14%
Apparel 6%
Cardenas Market
Groceries
57,933 visits/mo
0.1 miles
Smart & Final
Groceries
35,796 visits/mo
0.2 miles
Burger King
Dining
12,596 visits/mo
0.2 miles
Shell
Shops & Services
8,197 visits/mo
0.4 miles
WSS
Apparel
8,033 visits/mo
0.1 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in Oakland's vibrant mixed-use neighborhood.
Where is this retail space located?
The property is located at 115-222 Broadway/Water St Oakland, CA.
What is the asking price?
The asking price for this property is $774,000.
What are key features of this property?
This property features: Prime location in Oakland's vibrant mixed‑use neighborhood with **easy access to SF Bay Ferry, Amtrak, and BART.**; Located in Oakland's 'Beverage Belt' with numerous coffee roasters, wineries, taprooms, and breweries.; Active community with over 150 events per year, including Farmer's and Maker's Markets.
