Flex Space with Multiple Commercial
1710 E 12th St Oakland, CA 94606
For Sale
Contact for pricing
Flex space includes existing kitchen areas, walk-in fridge/freezer, floor drains, and a secured gated yard.
Property Size10,000 SF
Price / SF$190
Days on Market175
Property Features for 1710 E 12th St
General Information
Standard status
Active
Size
10,000 SF
Property subtype
FLEX_R_AND_D
Listing Agency:
Lee & Associates | Oakland
(925) 914-7751
Listed By:
Dustin Mitchell · License #01971978
(925) 914-7751
Source:
Moodyscre
Added: Feb 5
Changed: Jul 29
Last Checked: Jul 29 at 10:47PM
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 Lee & Associates | Oakland
Investment Insights
Based on property information with market context.
Flex space offering approximately 10,000± SF of commercial kitchen/warehouse buildout, with existing kitchen space and four separate commercial kitchens. The space is equipped with a walk-in fridge/freezer, waterproof tile flooring, floor drains, and two ¾” gas lines. Electrical service includes 400 Amps at 240 Volts, 3 Phase power, and the facility is fully sprinklered.
The property also features a secured/gated yard area and is described as being in a green zone and an opportunity zone. It benefits from excellent street visibility and is close to I-880 and the Park Street Bridge.
Inside, the layout includes one private office and one conference room to support day-to-day operations alongside the kitchen and warehouse areas.
The property also features a secured/gated yard area and is described as being in a green zone and an opportunity zone. It benefits from excellent street visibility and is close to I-880 and the Park Street Bridge.
Inside, the layout includes one private office and one conference room to support day-to-day operations alongside the kitchen and warehouse areas.
Key Highlights
- Approximately 10,000± SF commercial kitchen/warehouse flex space
- Four separate commercial kitchens plus existing kitchen space
- Walk‑in fridge/freezer and waterproof tile flooring
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 | $300.0k | $30.00 |
| − Vacancy | −$67.8k | −$6.78 |
| EGI | $232.2k | $23.22 |
| − OpEx | −$58.1k | −$5.81 |
| NOI | $174.2k | $17.42 |
10,000 SF · lease $30.00/SF/yr · vacancy 22.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.49M
$2.18M – $2.90M
NOI $174,150 @ 7.0% cap · market cap 9.17%
Second Best
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $161,082 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$4.56M
$3.99M – $5.31M
NOI $318,874 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Carrie Dove Catering — 1050 22nd Ave, Oakland, CA 94606
- Royal Raspberry Ltd — 1430 23rd Ave, Oakland, CA 94606
- Vui Ve Eatery — 2353 E 12th St, Oakland, CA 94601
- 510 Cajun Catering — 2353 E 12th St, Oakland, CA 94601
- My french cuisine — 2325 E 12th St, Oakland, CA 94601
Frequently Asked Questions
What type of property is this?
Flex space - Flex space includes existing kitchen areas, walk-in fridge/freezer, floor drains, and a secured gated yard.
Where is this flex space located?
The property is located at 1710 E 12th St Oakland, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 10,000± SF commercial kitchen/warehouse flex space; Four separate commercial kitchens plus existing kitchen space; Walk‑in fridge/freezer and waterproof tile flooring
