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    Freestanding Commercial Building For Sale Title is generated by Realmo AI

    2515 Seminary Avenue, Oakland, CA 94605

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    For Sale
    $1,400,000

    6,200 SF commercial building with showroom and offices.

    Type:Commercial
    Property size:
    6,200 SF
    Price / SF:
    $225/SF
    Added:
    Jun 27, 2025
    Days on Market:
    353
    Last Refresh:
    May 10 at 10:08 pm

    Property Features for 2515 Seminary Avenue

    General Information

    Standard status
    Active
    Size
    6,200 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1928

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    Listing Contact
    MARIA SHLYCHKOVA
    MARIA SHLYCHKOVA

    Listing agent MARIA SHLYCHKOVA

    Listing office CENTERMAC REALTY, INC.

    Listing date Jun 27, 2025

    Source Corcoran

    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 CENTERMAC REALTY, INC.

    HighLights

    • Freestanding 6,200 SF commercial building.
    • Zoned CN‑3, suitable for a wide variety of commercial uses.
    • High‑traffic intersection location near Bancroft Ave.
    • 25‑ft ceilings, roll‑up and drive‑in doors.
    • Features showroom and private offices.
    • Excellent opportunity for owner‑user or investor.

    Overview

    This freestanding 6,200 SF commercial building features 25-ft ceilings, roll-up and drive-in doors, a showroom, private offices, and two restrooms. It is situated on a 7,341 SF lot at a high-traffic intersection near Bancroft Ave. The property is zoned CN-3 and suitable for a wide variety of commercial uses. Currently tenant-occupied, this property presents an opportunity for either an owner-user or an investor.

    Local Financial Insights For 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 $133.9k $21.60
    − Vacancy −$10.0k −$1.62
    EGI $123.9k $19.98
    − OpEx −$37.2k −$5.99
    NOI $86.7k $13.99
    6,200 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.24M
    $1.08M – $1.45M (±1% cap)
    NOI $86,713 @ 7.0% cap · market cap 6.19%
    Second Best
    Flex RnD
    $880.2K
    $770.1K – $1.03M (±1% cap)
    NOI $61,611 @ 7.0% cap · market cap 4.40%
    Theoretical Best
    Multifamily LT 5
    $1.79M
    $1.57M – $2.09M (±1% cap)
    NOI $125,500 @ 7.0% cap · market cap 8.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitness Gym Oakland Gym & Fitness Center FITNESS GYM Nutrición ... Gym & Fitness Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Similar Places Nearby

    • Fsgc Tile And Stone — 5829 bancroft ave, oakland, ca 94605
    • Bautista flooring — 6631 brann st, oakland, ca 94605
    • Hernandez hardwood floor — 1912 69th Ave, Oakland, CA 94621
    • Stars of Joy Baptist Church — 5234 Foothill Blvd, Oakland, CA 94601
    • Verret Group — 2556 62nd ave, oakland, ca 94605

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.192
    Latitude
    37.7711

    FAQs

    What type of property is this?
    Showroom - 6,200 SF commercial building with showroom and offices.
    Where is this showroom located?
    The property is located at 2515 Seminary Avenue Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Freestanding 6,200 SF commercial building.; Zoned CN‑3, suitable for a wide variety of commercial uses.; High‑traffic intersection location near Bancroft Ave.
    More about this property
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