Oakland Chinatown Restaurant
366 8Th St Oakland, CA 94607
366 8Th St, Oakland, CA, 94607
$1,750,000
For Sale
$1,750,000
Turnkey restaurant space in Oakland's vibrant Chinatown.
Property Size2,332 SF
Price / SF$750.43
Days on Market104
Property Features for 366 8Th St
General Information
- Standard status
- Active
- Size
- 2,332 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1899
Listing Agency
CT SQUARE, INC
(415) 238-8630
Listed by
CATHERINE LEE · License #01937003
Source
Corcoran
Added: Apr 4 Checked: Jul 16 at 7:30 am
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 CT SQUARE, INC
Investment Insights
Based on property information with market context.
This is a turnkey restaurant opportunity located in the heart of Oakland's Chinatown. The property features approximately 2,332 square feet of vacant space that is ready for immediate occupancy. Existing restaurant infrastructure is in place, making it suitable for an owner-user or investor. The location benefits from high foot traffic and is surrounded by popular retail, dining, and neighborhood amenities. The property offers excellent visibility and accessibility within a vibrant commercial corridor. The property is suitable for conventional restaurant use.
Key Highlights
- Turnkey restaurant opportunity: Vacant ±2,332 sq. ft. space with existing restaurant infrastructure.
- Prime location in Oakland Chinatown: High foot traffic area.
- Ready for immediate occupancy.
Local Financial Insights For Specialty 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 | $72.8k | $31.20 |
| − Vacancy | −$3.6k | −$1.56 |
| EGI | $69.1k | $29.64 |
| − OpEx | −$17.3k | −$7.41 |
| NOI | $51.8k | $22.23 |
2,332 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$763.5K
$668.1K – $890.7K
NOI $53,444 @ 7.0% cap · market cap 3.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lounge Chinatown
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant space in Oakland's vibrant Chinatown.
Where is this conventional restaurant located?
The property is located at 366 8Th St Oakland, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity: Vacant ±2,332 sq. ft. space with existing restaurant infrastructure.; Prime location in Oakland Chinatown: High foot traffic area.; Ready for immediate occupancy.
