For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Free-Standing Retail/Office Building For Sale Title is generated by Realmo AI

    3450 Fruitvale Ave, Oakland, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Highly visible retail/office building in busy pedestrian area.

    Type:RETAIL
    Property size:
    6,787 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $250/SF
    Added:
    May 14, 2025
    Days on Market:
    393
    Last Refresh:
    May 20 at 8:30 pm

    Property Features for 3450 Fruitvale Ave

    General Information

    Standard status
    Active
    Size
    6,787 SF
    Lot size
    0.22 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Forrest Gherlone
    Forrest Gherlone

    Listing agent Mike Zylstra License #01376723

    Listing office Newmark | Walnut Creek

    Listing date May 14, 2025

    Source Moodyscre

    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 Newmark | Walnut Creek

    HighLights

    • Opportunity to qualify for SBA financing
    • Highly visible free‑standing building at a signalized intersection
    • Flexible CN zoning allows for a variety of uses
    • Easy access to Interstate 580
    • Busy pedestrian retail area near Safeway, Farmer Joe’s, and CVS
    • Perfect owner/user opportunity

    Overview

    This free-standing retail/office building is situated at the signalized intersection of Fruitvale Avenue and MacArthur Blvd. The property is located in a busy pedestrian retail area, within a block of Safeway, Farmer Joe’s market, and CVS pharmacy. Its CN (Neighborhood Commercial) zoning allows for a variety of retail, office, and professional uses. The building offers easy access to Interstate 580. The property size is 6,787 square feet, presenting a perfect owner/user opportunity with the potential to qualify for SBA financing.

    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 $198.7k $29.28
    − Vacancy −$10.7k −$1.58
    EGI $188.0k $27.70
    − OpEx −$56.4k −$8.31
    NOI $131.6k $19.39
    6,787 SF · lease $29.28/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.88M
    $1.64M – $2.19M (±1% cap)
    NOI $131,595 @ 7.0% cap · market cap 7.74%
    Second Best
    Office B
    $1.30M
    $1.14M – $1.52M (±1% cap)
    NOI $90,989 @ 7.0% cap · market cap 5.35%
    Theoretical Best
    Multifamily LT 5
    $2.22M
    $1.94M – $2.59M (±1% cap)
    NOI $155,543 @ 7.0% cap · market cap 9.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wells Fargo Bank Bank Wells Fargo ATM Atm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.216
    Latitude
    37.8002

    FAQs

    What type of property is this?
    Retail space - Highly visible retail/office building in busy pedestrian area.
    Where is this retail space located?
    The property is located at 3450 Fruitvale Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: Opportunity to qualify for SBA financing; Highly visible free‑standing building at a signalized intersection; Flexible CN zoning allows for a variety of uses
    (925) 974-0100 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message