Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Office Suite with Secure Access Title is generated by Realmo AI

    1624 Franklin St Suite 405, Oakland, CA 94612

    View on Map
    Claim this Listing
    New
    For Lease
    $823/Mo $12 SF/Yr (calc)

    Available office suite in a historic building with secure access and convenient parking.

    Type:Office
    Property size:
    823 SF
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 1:56 am

    Property Features for 1624 Franklin St Suite 405

    General Information

    Standard status
    Active
    Size
    823 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Amber Merrigan
    Amber Merrigan

    Listing agent Amber Merrigan License #01905162

    Listing office Oakland

    Listing date Jun 3, 2026

    Source Colliers

    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 Oakland

    HighLights

    • Historic office building at 1624 Franklin Street in Uptown Oakland
    • Office suites available from ±796 to 2,722 RSF
    • Secure building access with modernized security systems
    • Convenient parking on‑site
    • Immediate access to the BART system

    Overview

    This historic office building offers available office spaces, including Suite 405, designed for professional and creative teams. Tenants benefit from modernized security systems that support secure building access, along with an attentive property management team.

    The building is positioned with direct access to Uptown Oakland’s dining and café options, and it provides on-site building parking. The property also offers immediate access to the BART system, supporting convenient commuting for staff and visitors.

    Current availability ranges from 796 to 2,722 RSF, providing options for different office needs. The space mix is suitable for non-profit organizations, law firms, creative tenants, and other professional users looking for a staffed, secure environment with straightforward access to transit and everyday amenities.
    Location Intelligence

    Current Use by Public Records

    Yuen Curtis C ... Dental Office Bruce Gretchen J ... Dental Office Dr. Brian Trinh, ... Dental Office Norman Yung, DMD Dental Office Andrew Curcuru Alternative Medicine Practice

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.268297
    Latitude
    37.8058067

    Nearby Similar for Lease

    • $30 SF/Yr
      8,360 SF

      Landmark Building in Laurel District

      Former Bank of America building available for lease in Oakland.
      4050 Macarthur Boulevard, Oakland, CA 94619
      View Details
    • Sponsored
      Contact for pricing

      CA, Oakland - Tribune Building

      409 13Th St, Unit 600, Oakland, CA 94612
      View Details
    • $129-$21,346/Mo
      11-1,960 SF

      Spaces Jack London Square

      66 Franklin St, Oakland, CA 94607
      View Details
    • $2,314/Mo
      814 SF

      Oakland Mixed-Use Flexible Space

      Unique mixed-use property in a rapidly developing Oakland area.
      3532 San Leandro St, Oakland, CA 94601
      View Details
    • $129-$7,479/Mo
      11-1,292 SF

      Lake Merritt

      1901 Harrison St, Unit 1100, Oakland, CA 94612
      View Details
    • $4,000/Mo
      2,376 SF

      High-Visibility Retail Space Available

      Retail space with high traffic and convenient transportation access.
      7101 International Blvd, Oakland, CA 94621
      View Details
    • $1,500/Mo
      300 SF

      Dedicated Office Space Available

      300 sq ft office space with parking and amenities.
      2607 Seminary Ave, Oakland, CA 94605
      View Details
    • $1.73 SF/Yr
      5,639 SF

      Visible Corner Retail/Office Space

      Highly visible retail/office space near Dimond District with flexible zoning.
      3100 Fruitvale Avenue, Oakland, Oakland, CA 94602
      View Details
    • $1,200/Mo
      575 SF

      Bright Corner Office Space

      Second-story office space near Telegraph shops and eateries.
      4601 Telegraph Ave 206, Oakland, CA 94609
      View Details
    • $796/Mo
      796 SF

      Historic Office Building Suite

      Secure, modernized office space with convenient parking and immediate BART access in Oakland’s Uptown area.
      1624 Franklin St, Suite 1005, Oakland, CA 94612
      View Details
    • $254 SF/Yr
      254 SF

      Modern Secured Office Suite

      Office space with secure building access, parking, and immediate BART access in historic Uptown Oakland.
      1624 Franklin St, Suite 401, Oakland, CA 94612
      View Details
    • $4,240/Mo
      4,240 SF

      Renovated Historic Office Suite

      Renovated 1928 office suite with air conditioning and access to a new elevator in a multi-story building.
      1320 Webster St, Suite Entire 3rd, Oakland, CA 94612
      View Details

    FAQs

    What type of property is this?
    Office units - Available office suite in a historic building with secure access and convenient parking.
    Where is this office units located?
    The property is located at 1624 Franklin St Suite 405 Oakland, CA.
    What is the lease rate?
    The lease rate is $823 /Mo.
    What are key features of this property?
    This property features: Historic office building at 1624 Franklin Street in Uptown Oakland; Office suites available from ±796 to 2,722 RSF; Secure building access with modernized security systems
    (510) 433-5883
    We can help!
    Listing Contact
    Amber Merrigan
    Amber Merrigan
    Real Estate License ID: 01905162
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1624 Franklin St, Suite 405, Oakland, CA 94612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!