Oakland Commercial Space For
202 Broadway, Oakland, CA 94607
4,000 SF commercial space suitable for owner-user.
Type:Retail
Property size:
4,000 SFPrice / SF:
$325/SF- Added:
- Feb 4, 2026
- Days on Market:
- 101
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 202 Broadway
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2009
Listing agent Rachel Kram License #CA 02021048
Listing office CP Partners (415) 515-0181
Listing date Feb 4, 2026
Source Crexi
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 CP Partners
HighLights
- 51% of 4,000 SF available for immediate occupancy.
- Pending lease on 49% of the property provides rental income.
- Rental income offsets debt service and HOA expenses.
- Suitable for owner‑user.
- Eligible for medical, dental, and personal service uses due to Senate Bill 304.
- Built in 2009.
Overview
Units 202 and 204 offer a combined area of 4,000 square feet, designed to meet the needs of an owner-user. Approximately 49% of the space is subject to a pending lease, which will provide rental income to cover debt service and HOA expenses. The remaining 51% is available for immediate occupancy. Following Senate Bill 304, the property is now suitable for medical, dental, and personal service uses.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$861.7K
NOI $77,557 @ 9.00% cap · cautious / downside scenario
Moderate
$1.11M
NOI $77,557 @ 7.00% cap · market / base-case scenario
Aggressive
$1.55M
NOI $77,557 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $117.1k | $29.28 |
| − Vacancy | −$6.3k | −$1.58 |
| EGI | $110.8k | $27.70 |
| − OpEx | −$33.2k | −$8.31 |
| NOI | $77.6k | $19.39 |
4,000 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.11M
$969.5K – $1.29M
NOI $77,557 @ 7.0% cap · market cap 5.97%
Second Best
Healthcare Medical
$946.3K
$828.0K – $1.10M
NOI $66,240 @ 7.0% cap · market cap 5.10%
Theoretical Best
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,671 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Verizon
Mobile Phone Store
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.275896
- Latitude
- 37.7962168
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 4,000 SF commercial space suitable for owner-user.
Where is this retail space located?
The property is located at 202 Broadway Oakland, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 51% of 4,000 SF available for immediate occupancy.; Pending lease on 49% of the property provides rental income.; Rental income offsets debt service and HOA expenses.
