Retail Storefront with Rear
1624 International Boulevard Oakland, CA 94606
For Sale
$590,000
Retail storefront with two street frontages, parking access from Marina Way, and an on-site ADU restroom.
Property Size1,550 SF
Price / SF$380.65
Days on Market25
Property Features for 1624 International Boulevard
General Information
- Standard status
- Active
- Size
- 1,550 SF
- Property subtype
- Commercial
Listing Agency:
RICHARD CHIU, BROKER
(415) 860-3403
Listed By:
RICHARD Y CHIU
Source:
Corcoran
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 23 at 1:29PM
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 RICHARD CHIU, BROKER
Investment Insights
Based on property information with market context.
This retail storefront property offers two street frontages and includes a rear yard area accessed from Marina Way. The space has been used as a restaurant in the past, and the front store presents a wide range of potential uses. A vacant retail space is also described as including an ADU restroom.
Offered for sale with RU-5 zoning, the rear area on Marin Way is noted as having potential for building multi-units, with active ground-floor businesses along major transit corridors.
The property includes parking spaces, with access and utility coming from Marina Way and activity oriented toward both street frontages for visibility and storefront presentation.
Offered for sale with RU-5 zoning, the rear area on Marin Way is noted as having potential for building multi-units, with active ground-floor businesses along major transit corridors.
The property includes parking spaces, with access and utility coming from Marina Way and activity oriented toward both street frontages for visibility and storefront presentation.
Key Highlights
- Retail storefront with two street frontages
- Parking and rear yard access from Marina Way
- Vacant retail space with an on‑site ADU restroom
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 | $33.5k | $21.60 |
| − Vacancy | −$1.9k | −$1.25 |
| EGI | $31.5k | $20.35 |
| − OpEx | −$9.5k | −$6.10 |
| NOI | $22.1k | $14.24 |
1,550 SF · lease $21.60/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$315.4K
$276.0K – $368.0K
NOI $22,077 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.1K
$617.8K – $823.8K
NOI $49,425 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- The Lei Company Cooperative — 2700 International Blvd Suite 33, Oakland, CA 94601
- Nathalie Beauty Flower — 827 International Blvd, Oakland, CA 94606
FAQs
What type of property is this?
Storefront property - Retail storefront with two street frontages, parking access from Marina Way, and an on-site ADU restroom.
Where is this storefront property located?
The property is located at 1624 International Boulevard Oakland, CA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Retail storefront with two street frontages; Parking and rear yard access from Marina Way; Vacant retail space with an on‑site ADU restroom
