Retail Space in Oakland
For Sale
$1,360,000
367 9th Street #102, Oakland, CA 94607
Retail property in a prime Oakland Chinatown location for sale.
Property Size2,215 SF
Price / SF$613
Days on Market490
Property Features for 367 9th Street #102
General Information
Standard status
Active
Size
2,215 SF
Building Details
Year Built
1988
Listing Agency:
WEM PACIFIC INVESTMENT INC.
Listed By:
WENDY L. NG
Source:
Corcoran
Added: Jun 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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 WEM PACIFIC INVESTMENT INC.
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Investment Insights
Based on property information with market context.
This retail space is located in Central Oakland Chinatown, across the street from Pacific Renaissance Plaza. The property is suitable for investment or owner use. It includes an approximately 2000-square-foot mezzanine level. The property has one bathroom on each level. The property size is 2215 square feet.
Key Highlights
- Prime location in Central Oakland Chinatown.
- Across the street from Pacific Renaissance Plaza.
- Approximately 2000 sq. ft. mezzanine.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,947
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,940
$858.9K
Cap Rate 7%
$613,529
$613.5K
Cap Rate 9%
$477,189
$477.2K
Market Conditions
NOI Build-Up for 2,215 SF
Gross rent
$64.9K $29.28/SF
− Vacancy
−$3.5K −$1.58/SF
EGI
$61.4K $27.70/SF
− OpEx
−$18.4K −$8.31/SF
NOI
$42.9K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$858,940
Cap Rate 7%
$613,529
Cap Rate 9%
$477,189
Alternative Uses
Best Use
Retail
$613.5K
$536.8K – $715.8K
NOI $42,947 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$725.2K
$634.5K – $846.1K
NOI $50,763 @ 7.0% cap · market cap 3.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,091
Businesses Nearby
47k
Monthly Visits Nearby
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property in a prime Oakland Chinatown location for sale.
Where is this retail space located?
The property is located at 367 9th Street #102 Oakland, CA.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: Prime location in Central Oakland Chinatown.; Across the street from Pacific Renaissance Plaza.; Approximately 2000 sq. ft. mezzanine.
