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Ground-Floor Retail Condo Suite

1515 14Th Ave #C1 Oakland, CA 94606

1515 14Th Ave #C1, Oakland, CA, 94606
$599,999
For Sale
Claim this Listing
$599,999

Ground-floor retail condo with an open main area, partitioned rooms, and four assigned garage parking spaces.

Property Size2,076 SF
Price / SF$289.02
AddedApr 25
Days on Market83
Last RefreshJul 15 at 9:14 pm

Property Features for 1515 14Th Ave #C1

General Information

Standard status
Active
Size
2,076 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
2004

Listing office CT Square, Inc

Listing date Apr 25, 2026

Source Exitrealty

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 CT Square, Inc


Investment Insights

Based on property information with market context.

Available for sale or lease, this ground-floor commercial retail condo offers approximately 2,076 sq ft and was built in 2004. The space includes an open main retail area plus multiple partitioned rooms that can support private offices, storage, or treatment-room style configurations, subject to CC&Rs. A functional layout also provides flexibility for owner-users or investors, with an additional storage room located in a secured garage that includes interior access.

The property is located in Oakland’s Eastlake district within a well-maintained mixed-use development. It benefits from convenient access to major thoroughfares, public transit, and nearby amenities, with proximity to Lake Merritt, supporting both retail and service-oriented operations.

Also included are four assigned parking spaces in the secured garage, along with interior access to the storage area.

Key Highlights

  • ±2,076 sq ft ground‑floor commercial retail condo built in 2004
  • Flexible interior layout with an open main retail area and multiple partitioned rooms
  • Partitioned spaces can support private offices, storage, or treatment rooms (subject to CC&Rs)

Local 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 $62.3k $30.00
− Vacancy −$14.1k −$6.78
EGI $48.2k $23.22
− OpEx −$12.1k −$5.81
NOI $36.2k $17.42
2,076 SF · lease $30.00/SF/yr · vacancy 22.60% · expense 25.00%

Alternative Uses

Best Use
Office B
$516.5K
$451.9K – $602.6K (±1% cap)
NOI $36,154 @ 7.0% cap · market cap 6.03%
Second Best
Retail
$422.4K
$369.6K – $492.8K (±1% cap)
NOI $29,569 @ 7.0% cap · market cap 4.93%
Theoretical Best
Office A
$945.7K
$827.5K – $1.10M (±1% cap)
NOI $66,198 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

dankandshrooms.com (Bike/Boat/Book/etc) Store Hempire (Bike/Boat/Book/etc) Store Italy's Flowers (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Accounting Firm Travel Agency

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

Similar Off Market Nearby

  • The Lei Company Cooperative — 2700 International Blvd Suite 33, Oakland, CA 94601
  • May Flowers — 1914 Park Blvd, Oakland, CA 94606
  • Nathalie Beauty Flower — 827 International Blvd, Oakland, CA 94606

FAQs

What type of property is this?
Storefront property - Ground-floor retail condo with an open main area, partitioned rooms, and four assigned garage parking spaces.
Where is this storefront property located?
The property is located at 1515 14Th Ave #C1 Oakland, CA.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: ±2,076 sq ft ground‑floor commercial retail condo built in 2004; Flexible interior layout with an open main retail area and multiple partitioned rooms; Partitioned spaces can support private offices, storage, or treatment rooms (subject to CC&Rs)
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