Mixed-Use Building with Retail
4212 Piedmont Ave Oakland, CA 94611
4212 Piedmont Ave, Oakland, CA, 94611
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For Sale
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Well-maintained mixed-use property with 10 units, including residential apartments and retail and office suites.
Property Size8,798 SF
Price / SF$386.22
Days on Market111
Property Features for 4212 Piedmont Ave
General Information
- Standard status
- Active
- Size
- 8,798 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1946
Listing agency
Marcus & Millichap - Palo Alto
(650) 391-1700
Listed by
Eymon Binesh · License #CA 02060059
Source
Crexi
Added: Apr 3 Updated: Jul 22 at 11:55AM Checked: Jul 22 at 11:55AM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
This well-maintained mixed-use building includes 10 total units within an 8,798-square-foot property. The residential component features six apartments with studio, one-bedroom, and two-bedroom layouts. The commercial portion consists of four suites configured for retail and office use, and is currently occupied by a salon, restaurant, corporate office, and floral shop.
The property has individually metered gas and electricity for all units. Parking is reliant entirely on street parking.
The asset is positioned to support both residential and commercial income from a combined tenant mix within a single building.
The property has individually metered gas and electricity for all units. Parking is reliant entirely on street parking.
The asset is positioned to support both residential and commercial income from a combined tenant mix within a single building.
Key Highlights
- 8,798 sq. ft. mixed‑use property on Piedmont Avenue in Oakland
- 10 total units: 6 residential apartments (studios, 1-, and 2‑bedroom) plus 4 commercial suites
- Commercial suites set up for retail and office use, currently leased to a salon, restaurant, corporate office, and floral shop
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $401.2k | $45.60 |
| − Vacancy | −$93.9k | −$10.67 |
| EGI | $307.3k | $34.93 |
| − OpEx | −$76.8k | −$8.73 |
| NOI | $230.5k | $26.20 |
8,798 SF · lease $45.60/SF/yr · vacancy 23.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.29M
$2.88M – $3.84M
NOI $230,483 @ 7.0% cap · market cap 6.78%
Second Best
Mixed Use
$2.17M
$1.90M – $2.53M
NOI $151,766 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$3.71M
$3.24M – $4.32M
NOI $259,435 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
bettercuts
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with 10 units, including residential apartments and retail and office suites.
Where is this mixed-use property located?
The property is located at 4212 Piedmont Ave Oakland, CA.
What is the asking price?
The asking price for this property is $3,398,000.
What are key features of this property?
This property features: 8,798 sq. ft. mixed‑use property on Piedmont Avenue in Oakland; 10 total units: 6 residential apartments (studios, 1-, and 2‑bedroom) plus 4 commercial suites; Commercial suites set up for retail and office use, currently leased to a salon, restaurant, corporate office, and floral shop
