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Oakland Retail/Flex Building For Sale

626 22nd Street Oakland, CA 94612

626 22nd Street, Oakland, CA, 94612
$1,100,000
For Sale
Claim this Listing
$1,100,000

Retail/flex building in Uptown Oakland with high traffic visibility.

Property Size2,945 SF
Lot Size0.20 Acres
Price / SF$373.51
AddedNov 6, 2024
Days on Market616
Last RefreshJun 28 at 9:19 pm

Property Features for 626 22nd Street

General Information

Standard status
Active
Size
2,945 SF
Lot size
0.20 Acres
Property subtype
IND-FLEX, SCR-COM

Building Details

Year Built
1966

Listing office KW Commercial Oakland, CA

Listing date Nov 6, 2024

Source Realnex

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 KW Commercial Oakland, CA


Investment Insights

Based on property information with market context.

The property at 635 West Grand Ave, located in Uptown Oakland, is a retail/flex building constructed in 1966. The building encompasses approximately 2,945 square feet and is situated on an approximately 8,867 square foot lot. The building features a side roll-up door and a roll-up door from the back, providing access to the open flex space. Zoned D-DT-CX, S-13 per the City of Oakland, the property benefits from high traffic and street visibility along a key Oakland thoroughfare. Its location provides convenient access to Downtown Oakland, Uptown, and major freeways. The surrounding area offers a diverse mix of local dining, retail, and entertainment options. This property is suitable for an owner-user seeking to establish a presence in an area experiencing rapid growth and redevelopment.

Key Highlights

  • Located in a high‑traffic area on a key Oakland thoroughfare, offering excellent street visibility.
  • Zoned D‑DT‑CX, S‑13, providing flexible usage options.
  • Easy access to Downtown Oakland, Uptown, and major freeways.

Local 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 $86.2k $29.28
− Vacancy −$4.7k −$1.58
EGI $81.6k $27.70
− OpEx −$24.5k −$8.31
NOI $57.1k $19.39
2,945 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$815.7K
$713.8K – $951.7K (±1% cap)
NOI $57,101 @ 7.0% cap · market cap 5.19%
Second Best
Flex RnD
$590.7K
$516.9K – $689.1K (±1% cap)
NOI $41,348 @ 7.0% cap · market cap 3.76%
Theoretical Best
Multifamily LT 5
$964.2K
$843.7K – $1.12M (±1% cap)
NOI $67,493 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Veterinary Clinic Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Restaurant Tanning Salon HVAC Service Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Steph's Great Food — 1732 Webster St, Oakland, CA 94612
  • The Beverage Works — 665 10th st, oakland, ca 94607
  • Holly's BBQ — 1901 Harrison St Suit 1100, Oakland, CA 94612
  • Jusla Eats / Jusla Catering — 1955 Broadway, Oakland, CA 94612
  • Hopscotch Catering & Takeout — 1915 San Pablo Ave, Oakland, CA 94612

FAQs

What type of property is this?
Flex space - Retail/flex building in Uptown Oakland with high traffic visibility.
Where is this flex space located?
The property is located at 626 22nd Street Oakland, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Located in a high‑traffic area on a key Oakland thoroughfare, offering **excellent street visibility**.; Zoned D‑DT‑CX, S‑13, providing flexible usage options.; Easy access to Downtown Oakland, Uptown, and major freeways.
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