Office Building with Four
For Sale
Contact for pricing
1600 Kearney St, El Cerrito, CA 94530
Office building split into four suites with long-term tenants and zoning TOHIMU.
Property Size9,392 SF
Price / SF$212.95
Days on Market487
Property Features for 1600 Kearney St
General Information
Standard status
Active
Size
9,392 SF
Property subtype
OFFICE
Zoning
TOHIMU
Additional Details
Public Transit
Yes
Office Units
4
Building Details
Tenancy
Multi
Listing Agency:
Baniqued Commercial Real Estate
(510) 815-2000
Listed By:
Davide Pio · License #01522969
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Jul 29
Last Checked: Jul 31 at 12:41PM
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 Baniqued Commercial Real Estate
Investment Insights
Based on property information with market context.
This office building was home to Cerrito Printing and is currently divided into four separate suites of varying sizes. The building has the power to support the workload, and it features long-term tenants.
With a total size of 9,392 square feet, the property offers flexibility for an owner-user who may occupy all or part of the space while retaining rental income, or for an investor acquiring the building and adjusting rents over time.
TOHIMU zoning allows 45+ units/acre, adding potential for future development subject to approvals. The building is near BART and shopping, supporting convenient access for employees and customers.
With a total size of 9,392 square feet, the property offers flexibility for an owner-user who may occupy all or part of the space while retaining rental income, or for an investor acquiring the building and adjusting rents over time.
TOHIMU zoning allows 45+ units/acre, adding potential for future development subject to approvals. The building is near BART and shopping, supporting convenient access for employees and customers.
Key Highlights
- 9,392 square feet office building
- Divided into four separate suites of varying sizes
- Long‑term tenants in the suites
Financial Insights For Office B
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 | $276.1k | $29.40 |
| − Vacancy | −$49.7k | −$5.29 |
| EGI | $226.4k | $24.11 |
| − OpEx | −$56.6k | −$6.03 |
| NOI | $169.8k | $18.08 |
9,392 SF · lease $29.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.43M
$2.12M – $2.83M
NOI $169,817 @ 7.0% cap · market cap 8.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.55M
$3.11M – $4.14M
NOI $248,512 @ 7.0% cap · market cap 12.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 94530, CA
26,360
Population
11,404
Households
2.3
Avg Household Size
43
Median Age
66%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
6,130
Density / Sq Mi
$127,731
Median Household Income
$66,739
Median Earnings
$2,434
Median Rent
$1,097,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building split into four suites with long-term tenants and zoning TOHIMU.
Where is this office building located?
The property is located at 1600 Kearney St El Cerrito, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 9,392 square feet office building; Divided into four separate suites of varying sizes; Long‑term tenants in the suites
