Oakland Chinatown Restaurant
For Sale
$1,750,000
366 8Th St, Oakland, CA 94607
Turnkey restaurant space in Oakland's vibrant Chinatown.
Property Size2,332 SF
Price / SF$750.43
Days on Market195
Property Features for 366 8Th St
General Information
Standard status
Active
Size
2,332 SF
Zoning
D-LM-2
Amenities
On Street
Building Details
Building Size
2,332 SF
Year Built
1899
Listing Agency:
CT Square, Inc
Listed By:
Catherine Lee · License #01937003
(415) 238-8630
Source:
Evrealestate
Added: Apr 4
Changed: Oct 11
Last Checked: Oct 14 at 11:10PM
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,840
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 2,332 SF
Gross rent
$72.8K $31.20/SF
− Vacancy
−$3.6K −$1.56/SF
EGI
$69.1K $29.64/SF
− OpEx
−$17.3K −$7.41/SF
NOI
$51.8K $22.23/SF
Area
Oakland, CA
Vacancy
5.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
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 authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
9,091
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Leisure 34%
Shops & Services 28%
Hotels & Casinos 1%
Regal Jack London
Leisure
15,829 visits/mo
0.5 miles
McDonald's
Dining
13,504 visits/mo
0.4 miles
Shell
Shops & Services
11,553 visits/mo
0.5 miles
Mountain Mike's Pizza
Dining
2,457 visits/mo
0.5 miles
Caliber Collision
Shops & Services
1,458 visits/mo
0.4 miles
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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.
