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Corner-Lot Restaurant Building

2633 San Pablo Avenue, Oakland, CA 94612

For Sale
$649,995

CommercialSale, Oakland, CA

Property Size1,393 SF
Lot Size0.11 Acres
Price / SF$466.62
Days on Market54

Property Features for 2633 San Pablo Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Industrial
Parking 12
Subdivision OaklandZipCode94607
Standard status Active
APN 003-0005-001
Size 1,393 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Central, Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Building Details

Year built 1941
Floors in Building 1
Flooring type Tile, Linoleum, Laminate, Concrete
Roof type Tar/Gravel
Listing Agency: Real Brokerage Technologies
Listed By: Claudia Camacho · License CA #02151146
Added: Sep 22 Changed: Oct 29 Last Checked: Nov 14 at 12:06AM
MLS# ML82061221

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The restaurant property at 2633 San Pablo Avenue contains a 1,393-square-foot building on a 5,000-square-foot corner parcel with frontage on two sides. Built in 1941, the structure has concrete, linoleum, tile, and laminate flooring, forced-air natural gas and central heating, and ceiling fans for cooling. The roof is tar and gravel.

The property is on San Pablo Avenue in Oakland. Its zoning is Industrial; buyers should verify use and development options with the city. Public water and sewer serve the site.

Key Highlights

  • Existing neighborhood restaurant occupies a 1,393‑square‑foot building
  • 5,000‑square‑foot corner lot with frontage on two sides
  • Industrial zoning; verify use and development options with the city

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 (±1% cap)
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 (±1% cap)
NOI $31,924 @ 7.0% cap · market cap 4.91%
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

Conventional restaurants

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,282
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Conventional restaurants in Alameda County, CA

$518 Jul
$549 Aug
$502 Sep
$410 Oct

Properties on Market for Conventional restaurants in Alameda County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An existing restaurant occupies a commercial building with public water and sewer service.
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: Existing neighborhood restaurant occupies a 1,393‑square‑foot building; 5,000‑square‑foot corner lot with frontage on two sides; Industrial zoning; verify use and development options with the city
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Includes: Price & PSF · Cap rate · Location · Zoning

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