Versatile Commercial Space in
3443 FRUITVALE AVENUE Oakland, CA 94602
For Sale
$1,395,000
7,000 sq ft commercial space with development potential.
Property Size7,000 SF
Price / SF$199.29
Days on Market266
Property Features for 3443 FRUITVALE AVENUE
General Information
Standard status
Active
Size
7,000 SF
Property subtype
Commercial
Building Details
Year Built
1941
Listing Agency:
KW ADVISORS EAST BAY
(510) 775-1079
Listed By:
DAVID GUNDERMAN · License #01313613
Source:
Corcoran
Added: Nov 5, 2025
Changed: Jul 10
Last Checked: Jul 29 at 10:17AM
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 KW ADVISORS EAST BAY
Investment Insights
Based on property information with market context.
This 7,000 square foot commercial space is located in the Dimond District. The property features a main open retail space of over 5,500 square feet, suitable for various concepts such as fitness, laundromat, healthcare, market, or restaurant. The building could also be divided for multiple tenants, each with their own entrance. The back area includes two ADA-compliant bathrooms, a large back room for inventory storage, a private office with a window, additional storage, and a rear door. The upstairs loft, spanning over 800 square feet, offers an open room suitable for storage or meeting space, with natural light from windows and a skylight, along with two more private offices, one overlooking the retail floor. Large windows cover the 50 feet of street frontage on Fruitvale Avenue. The CN-1 zoning allows for a range of uses, including cafes, boutiques, consumer service, group assembly, full-service restaurants, and medical and professional offices. There is also development potential for mixed-use multifamily. Public parking is available around the corner in the Dimond Avenue lot, with street parking available in front. The location has a Walk Score of 93, high vehicle counts of over 12,000 cars per day, and new residential developments are under construction nearby.
Key Highlights
- 7,000 sq ft building with 5500+ sq ft open retail space suitable for various business concepts.
- CN‑1 zoning allows for diverse uses including retail, restaurants, offices, and potential for mixed‑use multifamily development.
- High Walk Score of 93, high traffic (12K+ cars/day), and proximity to new residential developments.
Financial Insights For Office B
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 | $164.6k | $23.52 |
| − Vacancy | −$39.5k | −$5.64 |
| EGI | $125.1k | $17.88 |
| − OpEx | −$31.3k | −$4.47 |
| NOI | $93.8k | $13.41 |
7,000 SF · lease $23.52/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.26M
NOI $135,725 @ 7.0% cap · market cap 9.73%
Second Best
Office B
$1.34M
$1.17M – $1.56M
NOI $93,845 @ 7.0% cap · market cap 6.73%
Theoretical Best
Multifamily LT 5
$2.29M
$2.01M – $2.67M
NOI $160,424 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - 7,000 sq ft commercial space with development potential.
Where is this retail space located?
The property is located at 3443 FRUITVALE AVENUE Oakland, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 7,000 sq ft building with **5500+ sq ft open retail space** suitable for various business concepts.; CN‑1 zoning allows for diverse uses including retail, restaurants, offices, and potential for mixed‑use multifamily development.; **High Walk Score of 93**, high traffic (12K+ cars/day), and proximity to new residential developments.
