Retail Space in Mixed-Use
115-222 Broadway/Water St, Oakland, CA
Call to check price and availability
Retail space available in Oakland's vibrant mixed-use neighborhood.
Type:RETAIL
Property size:
2,000 SFLot size:
0.80 AcresPrice / SF:
$387/SF- Added:
- Nov 24, 2025
- Days on Market:
- 179
- Last Refresh:
- Apr 5 at 9:03 pm
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
Properties For Sale
at 115-222 Broadway/Water St Contact us
Listing agent Rachel Kram License #01432663
Listing office CP Partners (415) 274-2700
Listing date Nov 24, 2025
Source Moodyscre
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 CP Partners
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.
- The Ellington is a 16‑story owner‑occupied residential building.
- Robust daytime workforce in the neighborhood.
- Thousands of residents in the neighborhood.
Overview
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.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$430.9K
NOI $38,778 @ 9.00% cap · cautious / downside scenario
Moderate
$554.0K
NOI $38,778 @ 7.00% cap · market / base-case scenario
Aggressive
$775.6K
NOI $38,778 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| 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 Use Scenarios
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 local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Map
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.214
- Latitude
- 37.7729
Nearby Similar for Sale
FAQs
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.
