Ground-Floor Retail
For Sale
Contact for pricing
400 E 12th St, Oakland, CA 94606
Zoning supports retail, professional office, coffee, food service, and convenience store uses.
Property Size2,483 SF
Price / SF$1.93
Days on Market114
Property Features for 400 E 12th St
General Information
Standard status
Active
Size
2,483 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
San Antonio
Corner Location
Yes
Additional Details
Floor
Ground
Amenities
2 large ADA restrooms
Building Details
Year Built
2005
Listing Agency:
Western Management Properties, Inc
Listed By:
Phong Tran
(510) 847-6906
Source:
Jpnrealty
Added: Jul 8
Changed: Oct 28
Last Checked: Oct 28 at 4:21PM
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 Western Management Properties, Inc
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Investment Insights
Based on property information with market context.
This 2,483-square-foot commercial condominium was built in 2005 and occupies a ground-floor corner position. The space has two large ADA-compliant restrooms and was previously used as a restaurant. Current zoning allows a range of business uses, including retail, professional offices, coffee, food service, and convenience retail.
The property is near Lake Merritt and Downtown Oakland.
The property is near Lake Merritt and Downtown Oakland.
Key Highlights
- 2,483‑square‑foot commercial condominium
- Ground‑floor corner position
- Two large ADA‑compliant restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,365
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,300
$707.3K
Cap Rate 7%
$505,214
$505.2K
Cap Rate 9%
$392,944
$392.9K
Market Conditions
NOI Build-Up for 2,483 SF
Gross rent
$53.6K $21.60/SF
− Vacancy
−$3.1K −$1.25/SF
EGI
$50.5K $20.35/SF
− OpEx
−$15.2K −$6.10/SF
NOI
$35.4K $14.24/SF
Area
ZIP 94606
Vacancy
5.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,300
Cap Rate 7%
$505,214
Cap Rate 9%
$392,944
Alternative Uses
Best Use
Retail
$505.2K
$442.1K – $589.4K
NOI $35,365 @ 7.0% cap · market cap 736.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$989.7K – $1.32M
NOI $79,176 @ 7.0% cap · market cap 1,649.50%
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
1,960
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 39%
Dining 11%
Hotels & Casinos 4%
Lucky Supermarkets
Groceries
38,160 visits/mo
0.3 miles
Dollar Tree
Shops & Services
18,672 visits/mo
0.3 miles
Chase Bank
Shops & Services
9,729 visits/mo
0.3 miles
Lee's Sandwiches
Dining
9,094 visits/mo
0.1 miles
7-Eleven
Shops & Services
6,956 visits/mo
0.1 miles
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Nathalie Beauty Flower — 827 International Blvd, Oakland, CA 94606
- Elaine's Flowers — 295 9th St, Oakland, CA 94607
- Family Flower Shop — 320 10th St ste 123, Oakland, CA 94607
- Moonstar Florist — 288 11th St, Oakland, CA 94607
- May Flowers — 1914 Park Blvd, Oakland, CA 94606
Frequently Asked Questions
What type of property is this?
Storefront property - Zoning supports retail, professional office, coffee, food service, and convenience store uses.
Where is this storefront property located?
The property is located at 400 E 12th St Oakland, CA.
What are key features of this property?
This property features: 2,483‑square‑foot commercial condominium; Ground‑floor corner position; Two large ADA‑compliant restrooms
