Oakland Mixed-Use Investment
2946 Macarthur Blvd Oakland, CA 94602
2946 Macarthur Blvd, Oakland, CA, 94602
$850,000
For Sale
$850,000
Two buildings totaling 2,601 SF on MacArthur Boulevard.
Property Size2,601 SF
Lot Size0.10 Acres
Price / SF$326.80
Days on Market52
Property Features for 2946 Macarthur Blvd
General Information
- Standard status
- Active
- Size
- 2,601 SF
- Lot size
- 0.10 Acres
Listing Agency
Vanguard Properties
(650) 892-9934
Listed by
Tammy Choy
(650) 892-9934
Source
Exprealty
Added: May 26 Checked: Jul 16 at 12:01 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 Vanguard Properties
Investment Insights
Based on property information with market context.
Located on MacArthur Boulevard between Oakland’s Dimond and Laurel Districts, this property offers an opportunity for owner-users or investors. The property includes two buildings totaling approximately 2,601 square feet on a 4,336 square foot lot. The configuration allows for a range of uses, with a street-facing retail space and a rear building suitable for creative, office, or studio use. Zoned RU-4, the property allows for diverse commercial and mixed-use potential. The property is situated along a high-visibility commercial corridor.
Key Highlights
- High‑visibility location on MacArthur Boulevard.
- Flexible configuration with street‑facing retail and rear building suitable for creative, office, or studio use.
- RU‑4 zoning allows for diverse commercial and mixed‑use potential (buyer to verify).
Local Financial Insights For Retail
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 | $76.2k | $29.28 |
| − Vacancy | −$4.1k | −$1.58 |
| EGI | $72.0k | $27.70 |
| − OpEx | −$21.6k | −$8.31 |
| NOI | $50.4k | $19.39 |
2,601 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$720.4K
$630.4K – $840.5K
NOI $50,431 @ 7.0% cap · market cap 5.93%
Second Best
Mixed Use
$564.0K
$493.5K – $658.1K
NOI $39,483 @ 7.0% cap · market cap 4.65%
Theoretical Best
Multifamily LT 5
$851.6K
$745.1K – $993.5K
NOI $59,609 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lee Rickie Collection
Clothing & Fashion Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two buildings totaling 2,601 SF on MacArthur Boulevard.
Where is this mixed-use property located?
The property is located at 2946 Macarthur Blvd Oakland, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: High‑visibility location on MacArthur Boulevard.; Flexible configuration with street‑facing retail and rear building suitable for creative, office, or studio use.; RU‑4 zoning allows for diverse commercial and mixed‑use potential (buyer to verify).
