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    Restaurant Condo with Commercial Kitchen Title is generated by Realmo AI

    206 Broadway, Oakland, CA 94607

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    2,857 SF commercial condo with full kitchen build-out.

    Type:Retail
    Property size:
    2,857 SF
    Price / SF:
    $249/SF
    Added:
    Feb 4, 2026
    Days on Market:
    153
    Last Refresh:
    Jun 28 at 12:07 pm

    Property Features for 206 Broadway

    General Information

    Standard status
    Active
    Size
    2,857 SF
    Property subtype
    Retail

    Building Details

    Year Built
    2009

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    Rachel Kram

    Listing office CP Partners

    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

    • 2,857 SF commercial condo
    • Full Type 1 commercial kitchen build‑out, including venting infrastructure
    • Acquisition basis below estimated replacement cost at $25/SF
    • Immediate rental income
    • Potential for future lease restructuring or owner‑operation
    • Built in 2009

    Overview

    Unit 206 is a 2,857 square foot commercial condominium. It is currently occupied by Hesher's Pizza. The unit features a full Type 1 commercial kitchen build-out, including venting infrastructure. The property generates immediate rental income, with the potential for future lease restructuring or owner-operation. The property is suitable for conventional restaurants, restaurants, retail space, retail properties and spaces, and general commercial real estate uses.

    Local Financial Insights For Specialty 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 $89.1k $31.20
    − Vacancy −$4.5k −$1.56
    EGI $84.7k $29.64
    − OpEx −$21.2k −$7.41
    NOI $63.5k $22.23
    2,857 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $907.3K
    $793.9K – $1.06M (±1% cap)
    NOI $63,511 @ 7.0% cap · market cap 8.90%
    Second Best
    Retail
    $791.4K
    $692.4K – $923.3K (±1% cap)
    NOI $55,395 @ 7.0% cap · market cap 7.76%
    Theoretical Best
    Multifamily LT 5
    $935.4K
    $818.5K – $1.09M (±1% cap)
    NOI $65,476 @ 7.0% cap · market cap 9.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Properly Seasoned Kitchen Grocery & Convenience Store Rockridge Digital Advertising Agency Hesher's Pizza & Taproom Restaurant Hesher's Pizza Restaurant Salvage Hausu Restaurant

    Suggested Use

    Pet Grooming Service (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Garden Center (Bike/Boat/Book/etc) Store Tanning Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.2758519
    Latitude
    37.7962842

    FAQs

    What type of property is this?
    Conventional restaurant - 2,857 SF commercial condo with full kitchen build-out.
    Where is this conventional restaurant located?
    The property is located at 206 Broadway Oakland, CA.
    What is the asking price?
    The asking price for this property is $714,000.
    What are key features of this property?
    This property features: 2,857 SF commercial condo; Full Type 1 commercial kitchen build‑out, including venting infrastructure; Acquisition basis below estimated replacement cost at $25/SF
    (415) 509-6276 Call to check price and availability
    More about this property
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