Corner-Lot Restaurant
2633 San Pablo Avenue Oakland, CA 94612
2633 San Pablo Avenue, Oakland, CA, 94612
$799,999
For Sale
$799,999
Corner restaurant property with dual frontage on San Pablo Avenue, currently occupied; buyer to verify use and zoning.
Property Size1,393 SF
Price / SF$574.30
Days on Market275
Property Features for 2633 San Pablo Avenue
General Information
- Standard status
- Active
- Size
- 1,393 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1941
Listing agency
eXp Realty of California Inc
(669) 313-0444
Listed by
Claudia Camacho · License #02151146
Source
Xome
Added: Oct 20, 2025 Updated: Jul 21 at 1:25PM Checked: Jul 21 at 1:25PM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This corner-lot restaurant property is situated on a 5,000 sq. ft. site with dual-frontage exposure and a natural emphasis for street-level visibility. The property is currently occupied by a neighborhood restaurant, providing immediate on-site income during ownership transition. Future buyers may evaluate additional value-add possibilities, with all use, zoning, and development options to be verified with the city.
Located at 2633 San Pablo Avenue in Oakland, the site sits along the vibrant San Pablo Avenue corridor and within the San Pablo Arts District environment described as featuring murals, galleries, cafés, and creative local businesses. The property’s corner positioning and flexible site characteristics support a prominent commercial presence for qualified operators and investors.
Buyer to verify all use, zoning, and development options with the city.
Located at 2633 San Pablo Avenue in Oakland, the site sits along the vibrant San Pablo Avenue corridor and within the San Pablo Arts District environment described as featuring murals, galleries, cafés, and creative local businesses. The property’s corner positioning and flexible site characteristics support a prominent commercial presence for qualified operators and investors.
Buyer to verify all use, zoning, and development options with the city.
Key Highlights
- Corner restaurant property with dual frontage on San Pablo Avenue (occupied)
- 5,000 sq. ft. lot with security lighting and tar/gravel roof
- Zoning listed as CC‑2 and S‑13 (buyer to verify use and zoning)
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 | $43.5k | $31.20 |
| − Vacancy | −$2.2k | −$1.56 |
| EGI | $41.3k | $29.64 |
| − OpEx | −$10.3k | −$7.41 |
| NOI | $31.0k | $22.23 |
1,393 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$442.4K
$387.1K – $516.1K
NOI $30,966 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$456.1K
$399.1K – $532.1K
NOI $31,924 @ 7.0% cap · market cap 3.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Corner restaurant property with dual frontage on San Pablo Avenue, currently occupied; buyer to verify use and zoning.
Where is this conventional restaurant located?
The property is located at 2633 San Pablo Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Corner restaurant property with dual frontage on San Pablo Avenue (occupied); 5,000 sq. ft. lot with security lighting and tar/gravel roof; Zoning listed as CC‑2 and S‑13 (buyer to verify use and zoning)
