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Oakland Restaurant/Development Opportunity For Sale

2551 Macarthur Blvd Oakland, CA

2551 Macarthur Blvd, Oakland, CA, 00000
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Restaurant property with development potential in Oakland's Dimond District.

Property Size1,254 SF
Lot Size0.16 Acres
Price / SF$716.91
AddedNov 25, 2025
Days on Market232
Last RefreshMay 20 at 8:52 pm

Property Features for 2551 Macarthur Blvd

General Information

Standard status
Active
Size
1,254 SF
Lot size
0.16 Acres
Property subtype
RETAIL

Listing office

Listing date Nov 25, 2025

Source Moodyscre

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 Brad Baker


Investment Insights

Based on property information with market context.

Located in the Dimond District, this property presents a rare opportunity for an owner-user or development project. Currently operating as a restaurant with a type 2 hood, the property will be delivered vacant upon close of escrow. The site is suitable for SBA financing. The property features a 1,254 square foot building on a 7,047 square foot lot, offering ample parking space or the potential for outside seating or residential development, subject to buyer verification with the City of Oakland. The property is located at 2551 Macarthur Blvd, Oakland, CA.

Key Highlights

  • Rare owner‑user or development opportunity in the Dimond District.
  • Includes a Type 2 hood, suitable for restaurant use.
  • Vacant possession upon close of escrow.

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 $39.1k $31.20
− Vacancy −$2.0k −$1.56
EGI $37.2k $29.64
− OpEx −$9.3k −$7.41
NOI $27.9k $22.23
1,254 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$398.2K
$348.5K – $464.6K (±1% cap)
NOI $27,876 @ 7.0% cap · market cap 3.10%
Second Best
Retail
$347.3K
$303.9K – $405.2K (±1% cap)
NOI $24,314 @ 7.0% cap · market cap 2.70%
Theoretical Best
Multifamily LT 5
$410.6K
$359.2K – $479.0K (±1% cap)
NOI $28,739 @ 7.0% cap · market cap 3.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kasper's Hot Dogs Restaurant NOAH Corporate Office

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic HVAC Service Pharmacy Travel Agency Bakery

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

Similar Off Market Nearby

  • Kandy.Kenz — School St, Oakland, CA 94602
  • Bay Leaf Catering — 3033 MacArthur Blvd, Oakland, CA 94602
  • Kitchen 1014 #2 — 2818 MacArthur Blvd, Oakland, CA 94602
  • Savoy Catering — 3110 35th Ave, Oakland, CA 94619
  • RSVP Catering — 3427 Curran Way, Oakland, CA 94602

FAQs

What type of property is this?
Restaurant - Restaurant property with development potential in Oakland's Dimond District.
Where is this restaurant located?
The property is located at 2551 Macarthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Rare owner‑user or development opportunity in the Dimond District.; Includes a Type 2 hood, suitable for restaurant use.; Vacant possession upon close of escrow.
Contact an agent
(405) 412-4432 Call to check price and availability
More about this property
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