Corner Restaurant
For Sale
$649,995
2633 San Pablo Avenue, Oakland, CA 94612
An operating restaurant occupies a corner property on Oakland’s San Pablo Avenue.
Property Size1,393 SF
Lot Size0.11 Acres
Price / SF$466.62
Days on Market35
Property Features for 2633 San Pablo Avenue
General Information
Standard status
Active
Size
1,393 SF
Lot size
0.11 Acres
Property subtype
Commercial
Zoning
Industrial
Site & Location
Neighborhood
Hoover
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,000
Building Details
Building Size
1,393 SF
Year Built
1941
Stories
1
Listed By:
Fabrice Vuillemey · License #01831426
(951) 852-4128
Source:
Fcgrouprealty
Added: Sep 22
Changed: Oct 23
Last Checked: Oct 23 at 1:12PM
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 Fabrice Vuillemey
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This restaurant property in Oakland includes a 1,393-square-foot building on a 5,000-square-foot corner lot. Built in 1941, the building is currently occupied by a restaurant. The site has frontage along two sides and is zoned Indu.
The property is located on San Pablo Avenue in the San Pablo Arts District, an area with murals, galleries, cafés, and local businesses. The surrounding area is described as walkable and transit-friendly.
The property is located on San Pablo Avenue in the San Pablo Arts District, an area with murals, galleries, cafés, and local businesses. The surrounding area is described as walkable and transit-friendly.
Key Highlights
- Operating restaurant in a 1,393‑square‑foot building
- 5,000‑square‑foot corner lot with frontage on two sides
- Built in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,966
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,320
$619.3K
Cap Rate 7%
$442,371
$442.4K
Cap Rate 9%
$344,067
$344.1K
Market Conditions
NOI Build-Up for 1,393 SF
Gross rent
$43.5K $31.20/SF
− Vacancy
−$2.2K −$1.56/SF
EGI
$41.3K $29.64/SF
− OpEx
−$10.3K −$7.41/SF
NOI
$31.0K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$619,320
Cap Rate 7%
$442,371
Cap Rate 9%
$344,067
Alternative Uses
Best Use
Specialty Retail
$442.4K
$387.1K – $516.1K
NOI $30,966 @ 7.0% cap · market cap 4.76%
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 4.91%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,282
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 35%
Electronics 2%
AMPM
Shops & Services
15,078 visits/mo
0.3 miles
Starbucks
Dining
11,688 visits/mo
0.4 miles
AutoZone
Shops & Services
7,492 visits/mo
0.0 miles
Twin Peaks
Dining
5,983 visits/mo
0.3 miles
Oil Changers
Shops & Services
2,695 visits/mo
0.4 miles
Demographics for 94612, CA
19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating restaurant occupies a corner property on Oakland’s San Pablo Avenue.
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 $649,995.
What are key features of this property?
This property features: Operating restaurant in a 1,393‑square‑foot building; 5,000‑square‑foot corner lot with frontage on two sides; Built in 1941
