Turn-Key Two-Story Office Corner
For Sale
Contact for pricing
2221-2239 Harbor Bay Pkwy, Alameda, CA 94502
Furnished two-story corner office suite with panoramic views, outdoor seating areas, and reserved and unreserved parking.
Property Size1,703 SF
Price / SF$378.74
Days on Market132
Property Features for 2221-2239 Harbor Bay Pkwy
General Information
Standard status
Active
Size
1,703 SF
Property subtype
OFFICE
Site & Location
Neighborhood
Bay Farm Island
Additional Details
Furnished
Yes
Business Included
No
Amenities
outdoor seating areas
walking/bike paths
bay views
Building Details
Stories
2
Listing Agency:
Newmark | Oakland
(510) 923-6200
Listed By:
Shawn Klein
(510) 923-6209
Source:
Moodyscre
Added: Jun 19
Changed: Oct 25
Last Checked: Oct 26 at 7:31PM
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 Newmark | Oakland
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Investment Insights
Based on property information with market context.
This turn-key, furnished two-story office suite totals 1,703 square feet and is positioned as a corner unit with panoramic views. The space includes outdoor seating areas and is supported by generous reserved and unreserved parking, offering convenient on-site access for tenants and visitors.
The property is described as being within walking distance to the San Francisco Ferry Terminal and minutes to Oakland International Airport. The listing also notes San Francisco Bay views along with walking and bike paths.
The buyer should note the monthly HOA dues of $709. The remarks indicate flexible zoning permitting office, R&D, retail, distribution, medical, light manufacturing, and gym uses, subject to applicable regulations. Availability is scheduled for September 1, 2026. Sale price is listed at $645,000.
The property is described as being within walking distance to the San Francisco Ferry Terminal and minutes to Oakland International Airport. The listing also notes San Francisco Bay views along with walking and bike paths.
The buyer should note the monthly HOA dues of $709. The remarks indicate flexible zoning permitting office, R&D, retail, distribution, medical, light manufacturing, and gym uses, subject to applicable regulations. Availability is scheduled for September 1, 2026. Sale price is listed at $645,000.
Key Highlights
- 1,703 SF two‑story office suite in a furnished turn‑key presentation
- Corner unit with panoramic views and San Francisco Bay views
- Outdoor seating areas included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,416
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,320
$688.3K
Cap Rate 7%
$491,657
$491.7K
Cap Rate 9%
$382,400
$382.4K
Market Conditions
NOI Build-Up for 1,703 SF
Gross rent
$61.5K $36.12/SF
− Vacancy
−$15.6K −$9.17/SF
EGI
$45.9K $26.95/SF
− OpEx
−$11.5K −$6.74/SF
NOI
$34.4K $20.21/SF
Area
Alameda County, CA
Vacancy
25.40%
Lease Rate
$36.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,320
Cap Rate 7%
$491,657
Cap Rate 9%
$382,400
Alternative Uses
Best Use
Office B
$491.7K
$430.2K – $573.6K
NOI $34,416 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$7.76M
$6.79M – $9.06M
NOI $543,472 @ 7.0% cap · market cap 84.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
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Business Placement
Demographics for 94502, CA
14,164
Population
5,012
Households
2.8
Avg Household Size
45
Median Age
71%
College-Educated
95%
High-School Grad
2.5 sq mi
ZIP Area
5,666
Density / Sq Mi
$194,821
Median Household Income
$101,193
Median Earnings
$3,501
Median Rent
$1,182,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Furnished two-story corner office suite with panoramic views, outdoor seating areas, and reserved and unreserved parking.
Where is this office unit located?
The property is located at 2221-2239 Harbor Bay Pkwy Alameda, CA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: 1,703 SF two‑story office suite in a furnished turn‑key presentation; Corner unit with panoramic views and San Francisco Bay views; Outdoor seating areas included
