Broadway Retail/Office Investment
3050-3058 Broadway, Oakland, CA 94611
Two retail/office units on Oakland's medical corridor for sale.
Type:Retail, Office
Property size:
5,085 SFPrice / SF:
$432/SF- Added:
- Feb 21, 2026
- Days on Market:
- 90
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 3050-3058 Broadway
General Information
- Standard status
- Active
- Size
- 5,085 SF
- Property subtype
- Retail, Office
Listing agent Brian von Lackum License #01527235
Listing date Feb 21, 2026
Source Crexi
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 Brian von Lackum
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.
- Two units available, offering flexibility for various uses (2,807 SF and 1,186 SF).
- Suitable for restaurant, café, retail, professional office, medical/wellness, or boutique showroom.
- Units can be leased or sold together for a combined ~3,993 SF of contiguous space.
Overview
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.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$1.48M
NOI $133,213 @ 9.00% cap · cautious / downside scenario
Moderate
$1.90M
NOI $133,213 @ 7.00% cap · market / base-case scenario
Aggressive
$2.66M
NOI $133,213 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $231.9k | $45.60 |
| − Vacancy | −$54.3k | −$10.67 |
| EGI | $177.6k | $34.93 |
| − OpEx | −$44.4k | −$8.73 |
| NOI | $133.2k | $26.20 |
5,085 SF · lease $45.60/SF/yr · vacancy 23.40% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$1.90M
$1.67M – $2.22M
NOI $133,213 @ 7.0% cap · market cap 6.06%
Second Best
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,642 @ 7.0% cap · market cap 4.30%
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 local authorities.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.2612112
- Latitude
- 37.8195868
Nearby Similar for Sale
FAQs
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.
