Auto Repair Facility with Real
2344 E 12Th St, Oakland, CA 94601
For Sale
$3,750,000
Business Opportunity, Oakland, CA
Property Size7,500 SF
Lot Size0.74 Acres
Price / SF$500
Days on Market137
Property Features for 2344 E 12Th St
General Information
Property type
Property subtype
Zoning
Security features
Appliances
Subdivision
Lot features
Standard status
APN
Size
Lot size
Additional Details
Business Included
Automotive Uses
Utilities
Sewer type
Water source
Building Details
Year built
Building materials
Listing Agency:
Michael James Real Estate
(510) 835-2828
Listed By:
Denise MaNguyen
(510) 593-7367
Added: Jun 24
Changed: Nov 2
Last Checked: Nov 7 at 11:06AM
MLS# 41139471
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Oakland offering combines an operating automotive repair business with the underlying real estate, with an option to acquire the business separately. The 7500-square-foot facility provides paint, body, collision repair, and mechanical repair capabilities. Built in 1943, the building features stucco construction and includes a water heater.
The property occupies 0.74 acres at 2344 E 12Th St in Oakland, California. It is commercially zoned and located within an Opportunity Zone. Public water and public sewer serve the site, supporting the existing facility’s ongoing use. The offering provides an established physical location for automotive repair operations along with the associated business opportunity.
The property occupies 0.74 acres at 2344 E 12Th St in Oakland, California. It is commercially zoned and located within an Opportunity Zone. Public water and public sewer serve the site, supporting the existing facility’s ongoing use. The offering provides an established physical location for automotive repair operations along with the associated business opportunity.
Key Highlights
- 7500‑square‑foot automotive repair facility
- Paint, body, collision, and mechanical repair capabilities
- Business and real estate offered together; business‑only option also available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$122,377
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,447,540
$2.4M
Cap Rate 7%
$1,748,243
$1.7M
Cap Rate 9%
$1,359,744
$1.4M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$189.0K $25.20/SF
− Vacancy
−$14.2K −$1.89/SF
EGI
$174.8K $23.31/SF
− OpEx
−$52.4K −$6.99/SF
NOI
$122.4K $16.32/SF
Area
ZIP 94601
Vacancy
7.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,447,540
Cap Rate 7%
$1,748,243
Cap Rate 9%
$1,359,744
Alternative Uses
Best Use
Retail
$1.75M
$1.53M – $2.04M
NOI $122,377 @ 7.0% cap · market cap 3.26%
Second Best
Industrial
$1.31M
$1.15M – $1.53M
NOI $91,756 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$3.06M
$2.67M – $3.57M
NOI $213,996 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
129k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 42%
Apparel 7%
Groceries 4%
Dollar Tree
Shops & Services
33,300 visits/mo
0.1 miles
McDonald's
Dining
28,208 visits/mo
0.1 miles
Jack in the Box
Dining
18,396 visits/mo
0.1 miles
76
Shops & Services
14,162 visits/mo
0.2 miles
El Pollo Loco
Dining
12,576 visits/mo
0.2 miles
Demographics for 94601, CA
54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in Alameda County, CA
Properties on Market for Auto shops in Alameda County
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
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- Modern Classic Motors — 3042 Ford St, Oakland, CA 94601
- Miles Tow — 616 Derby Ave, Oakland, CA 94601
- Rolo Tech — 3711 San Leandro St, Oakland, CA 94601
Frequently Asked Questions
What type of property is this?
Auto shop - Commercially zoned facility supports body, collision, and mechanical repair operations.
Where is this auto shop located?
The property is located at 2344 E 12Th St Oakland, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 7500‑square‑foot automotive repair facility; Paint, body, collision, and mechanical repair capabilities; Business and real estate offered together; business‑only option also available
