Oakland Commercial Building with
273 9Th St Oakland, CA 94607
273 9Th St, Oakland, CA, 94607
$4,250,000
For Sale
$4,250,000
Two-story commercial building with 16 on-site parking spaces.
Property Size10,500 SF
Price / SF$404.76
Days on Market104
Property Features for 273 9Th St
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1923
Listing Agency
CT SQUARE, INC
(415) 238-8630
Listed by
CATHERINE LEE · License #01937003
Source
Corcoran
Added: Apr 4 Checked: Jul 16 at 1:03 pm
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 CT SQUARE, INC
Investment Insights
Based on property information with market context.
This two-story commercial building is located in Oakland and features a gated parking lot with 16 on-site spaces. The building offers approximately 10,500 square feet of space with a flexible layout suitable for a variety of uses. It is suited for both owner-users and investors. The property provides convenient access to major transportation corridors and is in close proximity to retail, dining, and downtown Oakland. This well-located asset offers upside potential.
Key Highlights
- Prime Oakland location.
- Gated parking lot with 16 on‑site spaces.
- Approx. 10,500 sq. ft. with a flexible layout.
Local Financial Insights For Office B
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 | $247.0k | $23.52 |
| − Vacancy | −$59.3k | −$5.64 |
| EGI | $187.7k | $17.88 |
| − OpEx | −$46.9k | −$4.47 |
| NOI | $140.8k | $13.41 |
10,500 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.35M
NOI $140,767 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.44M
$3.01M – $4.01M
NOI $240,637 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Two-story commercial building with 16 on-site parking spaces.
Where is this office building located?
The property is located at 273 9Th St Oakland, CA.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime Oakland location.; Gated parking lot with **16 on‑site spaces**.; Approx. **10,500 sq. ft.** with a flexible layout.
