Broadway Retail/Office Investment
For Sale
Contact for pricing
3050-3058 Broadway, Oakland, CA 94611
Two retail/office units on Oakland's medical corridor for sale.
Property Size5,085 SF
Price / SF$432.65
Days on Market228
Property Features for 3050-3058 Broadway
General Information
Standard status
Active
Size
5,085 SF
Property subtype
Retail, Office
Zoning
D-BV-3 ,Mixed-Use
Investment Type
Value Add
Building Details
Stories
1
Units
423
Listing Agency:
Bos Group
Listed By:
Willem Bos · License #CA 02013980
(916) 698-9954
Source:
Crexi
Added: Feb 21
Changed: Oct 2
Last Checked: Oct 5 at 4:17PM
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 Bos Group
Investment Insights
Based on property information with market context.
Located in the heart of Oakland’s Broadway corridor, this commercial property features two units suitable for retail or professional use. The property is strategically positioned in a high-visibility transit node, offering exposure, walk-in traffic, and proximity to healthcare, residential, and transit hubs. Unit A, at approximately 2,807 square feet, is designed to accommodate a full-service restaurant, café, or medical/wellness operator. It offers an open layout suitable for indoor seating, kitchen/prep areas, back-of-house operations, retail display, and service zones, with large windows providing branding and visibility. Unit B, approximately 1,186 square feet, is suited for boutique retail, café/grab-and-go, professional office, or ancillary support uses such as wellness, spa, or a satellite storefront. The units can be leased or sold together, providing approximately 3,993 square feet of contiguous space, subject to modifications and approvals. The property is ideal for restaurant, café, retail, professional office, medical/wellness, or boutique showroom uses, subject to zoning and tenant improvements.
Key Highlights
- High‑visibility storefronts on Oakland's Broadway corridor, a prime commercial location.
- Located in a high‑traffic transit node with excellent pedestrian access.
- Proximity to major healthcare, residential, and transit anchors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,213
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,664,260
$2.7M
Cap Rate 7%
$1,903,043
$1.9M
Cap Rate 9%
$1,480,144
$1.5M
Market Conditions
NOI Build-Up for 5,085 SF
Gross rent
$231.9K $45.60/SF
− Vacancy
−$54.3K −$10.67/SF
EGI
$177.6K $34.93/SF
− OpEx
−$44.4K −$8.73/SF
NOI
$133.2K $26.20/SF
Area
ZIP 94611
Vacancy
23.40%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,664,260
Cap Rate 7%
$1,903,043
Cap Rate 9%
$1,480,144
Alternative Uses
Best Use
Office B
$1.90M
$1.67M – $2.22M
NOI $133,213 @ 7.0% cap · market cap 6.06%
Second Best
Retail
$1.19M
$1.04M – $1.38M
NOI $82,972 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,946 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,430
Businesses Nearby
Explore this area
Business Placement
Demographics for 94611, CA
40,262
Population
19,014
Households
2.1
Avg Household Size
44
Median Age
78%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,515
Density / Sq Mi
$176,517
Median Household Income
$105,393
Median Earnings
$2,274
Median Rent
$1,485,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Two retail/office units on Oakland's medical corridor for sale.
Where is this retail space located?
The property is located at 3050-3058 Broadway Oakland, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑visibility storefronts on Oakland's Broadway corridor, a prime commercial location.; Located in a high‑traffic transit node with excellent pedestrian access.; Proximity to major healthcare, residential, and transit anchors.
