Industrial Flex Building with
290 27th St Oakland, CA 94611
New
For Sale
Contact for pricing
Industrial flex building with showroom office, wraparound warehouse, and two grade-level drive-in doors, delivered vacant as-is.
Property Size22,289 SF
Price / SF$219.84
Days on Market6
Property Features for 290 27th St
General Information
Standard status
Active
Size
22,289 SF
Property subtype
INDUSTRIAL
Listing Agency:
NAI Northern California
(510) 221-6734
Listed By:
Rolando Reyes Jr. · License #02095743
Source:
Moodyscre
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 28 at 2:51PM
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 NAI Northern California
Investment Insights
Based on property information with market context.
Built in 1947, this industrial flex property includes a ground-floor office/showroom area with near floor-to-ceiling windows and a main entrance on 27th Street. A 14k+ SF warehouse bay wraps around the office/showroom space and is accessed via two grade-level/drive-in doors on opposing ends of the property, with curb cuts on 27th Street.
An additional 3,700 SF of office space is located on the second floor and is accessed by two stairwells on either side of the showroom. More recently, the space was used by a printing and marketing company, with the ground floor supporting printing operations and customer service.
The property is being delivered vacant in an as-is condition and presents adaptive reuse, redevelopment, or conversion potential for an owner-user or investor.
An additional 3,700 SF of office space is located on the second floor and is accessed by two stairwells on either side of the showroom. More recently, the space was used by a printing and marketing company, with the ground floor supporting printing operations and customer service.
The property is being delivered vacant in an as-is condition and presents adaptive reuse, redevelopment, or conversion potential for an owner-user or investor.
Key Highlights
- 22k+ SF industrial flex building originally built in 1947, delivered vacant in an as‑is condition.
- Ground floor includes 4,400 SF office/showroom with near floor‑to‑ceiling windows and main entrance on 27th Street.
- Wraparound 14k+ SF warehouse bay with two opposing grade‑level/drive‑in doors and curb cuts on 27th Street.
Financial Insights For Warehouse
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 | $427.9k | $19.20 |
| − Vacancy | −$42.8k | −$1.92 |
| EGI | $385.2k | $17.28 |
| − OpEx | −$57.8k | −$2.59 |
| NOI | $327.4k | $14.69 |
22,289 SF · lease $19.20/SF/yr · vacancy 10.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$8.34M
$7.30M – $9.73M
NOI $583,909 @ 7.0% cap · market cap 11.92%
Second Best
Warehouse
$4.68M
$4.09M – $5.46M
NOI $327,381 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$9.39M
$8.22M – $10.95M
NOI $657,257 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Robert Dorsey Catering and Events — 344 20th St, Oakland, CA 94612
- Steph's Great Food — 1732 Webster St, Oakland, CA 94612
- Holly's BBQ — 1901 Harrison St Suit 1100, Oakland, CA 94612
- Jusla Eats / Jusla Catering — 1955 Broadway, Oakland, CA 94612
- Hopscotch Catering & Takeout — 1915 San Pablo Ave, Oakland, CA 94612
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex building with showroom office, wraparound warehouse, and two grade-level drive-in doors, delivered vacant as-is.
Where is this flex space located?
The property is located at 290 27th St Oakland, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 22k+ SF industrial flex building originally built in 1947, delivered vacant in an as‑is condition.; Ground floor includes 4,400 SF office/showroom with near floor‑to‑ceiling windows and main entrance on 27th Street.; Wraparound 14k+ SF warehouse bay with two opposing grade‑level/drive‑in doors and curb cuts on 27th Street.
