Retail Space with Soaring
For Sale
Contact for pricing
405 15th ST, Oakland, CA 94612
The front room features high ceilings, with additional space included in the lease.
Property Size2,000 SF
Price / SF$2.30
Days on Market434
Property Features for 405 15th ST
General Information
Standard status
Active
Size
2,000 SF
Site & Location
Neighborhood
Downtown
Amenities
soaring ceilings
flexible layout
Building Details
Year Built
1925
Listing Agency:
Coldwell Banker Realty
(650) 596-5400
Listed By:
Moises Pelayo · License #01791811
(650) 333-0207
Source:
Giuffreproperties
Added: Aug 22, 2025
Changed: Oct 28
Last Checked: Oct 28 at 3:45PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000-square-foot retail space at 405 15th Street in Oakland has high ceilings in the front room. The building dates to 1925, and additional space is included in the lease.
The property is near Oakland’s Uptown restaurants, bars, and cultural venues, with the 12th Street and 19th Street BART stations a few blocks away. AC Transit also serves the area. More than 1,000 apartment units are in development within a mile.
The property is near Oakland’s Uptown restaurants, bars, and cultural venues, with the 12th Street and 19th Street BART stations a few blocks away. AC Transit also serves the area. More than 1,000 apartment units are in development within a mile.
Key Highlights
- 2,000 square feet of retail space
- High ceilings in the front room
- Additional space included in the lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,778
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,560
$775.6K
Cap Rate 7%
$553,971
$554.0K
Cap Rate 9%
$430,867
$430.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$58.6K $29.28/SF
− Vacancy
−$3.2K −$1.58/SF
EGI
$55.4K $27.70/SF
− OpEx
−$16.6K −$8.31/SF
NOI
$38.8K $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%
$775,560
Cap Rate 7%
$553,971
Cap Rate 9%
$430,867
Alternative Uses
Best Use
Retail
$554.0K
$484.7K – $646.3K
NOI $38,778 @ 7.0% cap · market cap 843.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$654.8K
$573.0K – $763.9K
NOI $45,836 @ 7.0% cap · market cap 996.43%
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
Location Intelligence
Trade Area within ½ mile
9,709
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 34%
Hotels & Casinos 10%
Chevron
Shops & Services
14,597 visits/mo
0.4 miles
McDonald's
Dining
13,504 visits/mo
0.3 miles
Chase Bank
Shops & Services
5,019 visits/mo
0.2 miles
Moxy Hotels
Hotels & Casinos
4,953 visits/mo
0.4 miles
Wells Fargo
Shops & Services
4,584 visits/mo
0.3 miles
Demographics for 94612, CA
19,773
Population
11,928
Households
1.7
Avg Household Size
38
Median Age
54%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
19,773
Density / Sq Mi
$77,069
Median Household Income
$70,221
Median Earnings
$1,936
Median Rent
$814,000
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
Frequently Asked Questions
What type of property is this?
Retail space - The front room features high ceilings, with additional space included in the lease.
Where is this retail space located?
The property is located at 405 15th ST Oakland, CA.
What are key features of this property?
This property features: 2,000 square feet of retail space; High ceilings in the front room; Additional space included in the lease
