Oakland Commercial Building with
For Sale
$4,250,000
273 9Th St, Oakland, CA 94607
Two-story commercial building with 16 on-site parking spaces.
Property Size10,500 SF
Price / SF$404.76
Days on Market195
Property Features for 273 9Th St
General Information
Standard status
Active
Size
10,500 SF
Zoning
DLM4, S13
Building Details
Building Size
10,500 SF
Year Built
1923
Listing Agency:
CT Square, Inc
Listed By:
Catherine Lee · License #01937003
(650) 436-9912
Source:
Evrealestate
Added: Apr 4
Changed: Oct 15
Last Checked: Oct 14 at 11:08PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,767
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,815,340
$2.8M
Cap Rate 7%
$2,010,957
$2.0M
Cap Rate 9%
$1,564,078
$1.6M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$247.0K $23.52/SF
− Vacancy
−$59.3K −$5.64/SF
EGI
$187.7K $17.88/SF
− OpEx
−$46.9K −$4.47/SF
NOI
$140.8K $13.41/SF
Area
Oakland, CA
Vacancy
24.00%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,815,340
Cap Rate 7%
$2,010,957
Cap Rate 9%
$1,564,078
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
7,726
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
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.
