Ground-Floor Office
For Sale
Contact for pricing
370 Grand Ave Suite 1, Oakland, CA 94610
Reception, two private offices, a copy room, and a bathroom provide a functional workspace configuration.
Property Size1,000 SF
Price / SF$2.50
Days on Market149
Property Features for 370 Grand Ave Suite 1
General Information
Standard status
Active
Size
1,000 SF
Total Parking Spaces
1
Property subtype
Comm Ind For Lease
Space & Availability
Floor
1st floor
Condition
Built-Out
Furnished
Yes
Site & Location
Neighborhood
Adams Point
Additional Details
Office Units
1
Property Use
Professional Office
Amenities
secured building
Building Details
Year Built
1918
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Jun 4
Changed: Oct 28
Last Checked: Oct 28 at 4:40PM
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 JPN Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,000-square-foot office suite occupies the first floor of a secured building. Its layout includes a reception room, two private offices, a copy room, and a bathroom. The space is currently furnished, with delivery available either furnished or vacant at no additional charge.
The property is at 370 Grand Ave in Oakland’s Adams Point area. One parking space in the rear garage is included. The building was constructed in 1918.
The property is at 370 Grand Ave in Oakland’s Adams Point area. One parking space in the rear garage is included. The building was constructed in 1918.
Key Highlights
- 1,000‑square‑foot office suite on the first floor
- Reception area, two private offices, copy room, and bathroom
- Can be delivered furnished or vacant at no additional charge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,406
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,120
$268.1K
Cap Rate 7%
$191,514
$191.5K
Cap Rate 9%
$148,956
$149.0K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$23.5K $23.52/SF
− Vacancy
−$5.6K −$5.64/SF
EGI
$17.9K $17.88/SF
− OpEx
−$4.5K −$4.47/SF
NOI
$13.4K $13.41/SF
Area
Oakland, CA
Vacancy
24.00%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$268,120
Cap Rate 7%
$191,514
Cap Rate 9%
$148,956
Alternative Uses
Best Use
Office B
$191.5K
$167.6K – $223.4K
NOI $13,406 @ 7.0% cap · market cap 536.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$327.4K
$286.5K – $382.0K
NOI $22,918 @ 7.0% cap · market cap 916.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
4,379
Businesses Nearby
Explore this area
Business Placement
Demographics for 94610, CA
31,261
Population
17,926
Households
1.7
Avg Household Size
39
Median Age
73%
College-Educated
96%
High-School Grad
2.1 sq mi
ZIP Area
14,886
Density / Sq Mi
$130,435
Median Household Income
$90,577
Median Earnings
$2,184
Median Rent
$1,324,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Reception, two private offices, a copy room, and a bathroom provide a functional workspace configuration.
Where is this office unit located?
The property is located at 370 Grand Ave Suite 1 Oakland, CA.
What are key features of this property?
This property features: 1,000‑square‑foot office suite on the first floor; Reception area, two private offices, copy room, and bathroom; Can be delivered furnished or vacant at no additional charge
