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    Oakland Mixed-Use Investment Opportunity Title is generated by Realmo AI

    2946 Macarthur Blvd, Oakland, CA 94602

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    New
    For Sale
    $850,000

    Two buildings totaling 2,601 SF on MacArthur Boulevard.

    Property size:
    2,601 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $326/SF
    Added:
    May 26, 2026
    Days on Market:
    7
    Last Refresh:
    May 31 at 11:05 pm

    Property Features for 2946 Macarthur Blvd

    General Information

    Standard status
    Active
    Size
    2,601 SF
    Lot size
    0.10 Acres

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    Listing Contact
    Tammy Choy

    Listing agent Tammy Choy

    Listing office Vanguard Properties

    Listing date May 26, 2026

    Source Exprealty

    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

    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).
    • Suitable for owner‑user or investment.
    • Two buildings totaling approximately ±2,601 square feet.
    • Lot size of approximately ±4,336 square feet.

    Overview

    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.

    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 (±1% cap)
    NOI $50,431 @ 7.0% cap · market cap 5.93%
    Second Best
    Mixed Use
    $564.0K
    $493.5K – $658.1K (±1% cap)
    NOI $39,483 @ 7.0% cap · market cap 4.65%
    Theoretical Best
    Multifamily LT 5
    $851.6K
    $745.1K – $993.5K (±1% cap)
    NOI $59,609 @ 7.0% cap · market cap 7.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Lee Rickie Collection Clothing & Fashion Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.20573
    Latitude
    37.79798

    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).
    More about this property
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