Oakland Retail Investment
5300 Foothill Boulevard Oakland, CA 94601
5300 Foothill Boulevard, Oakland, CA, 94601
$1,288,000
For Sale
$1,288,000
5,350 SF building in Oakland, ideal for retail.
Property Size5,350 SF
Lot Size0.12 Acres
Price / SF$240.75
Days on Market180
Property Features for 5300 Foothill Boulevard
General Information
- Standard status
- Active
- Size
- 5,350 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial
Listing agency
BRIAN A. MERRION, BROKER
(888) 832-7179
Listed by
BRIAN MERRION · License #01940486
Source
Corcoran
Added: Jan 23 Updated: Jul 10 at 12:57PM Checked: Jul 22 at 8:47AM
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 BRIAN A. MERRION, BROKER
Investment Insights
Based on property information with market context.
Located at 5300-5308 Foothill Blvd, Oakland, CA, this property offers a 5,350 SF building divided into 2 units, suitable for retail or street retail ventures. It is zoned CN-3, providing versatility for various commercial uses. The property is situated in the KONO Neighborhood on Telegraph Avenue, an area known for arts and culture, especially its monthly First Friday events. Recent improvements include a replaced roof, two new ADA-compliant bathrooms, an updated facade, and new PGE service. The location is suitable for businesses aiming to maximize their potential through regular foot traffic and the area's reputation.
Key Highlights
- Prime location in the thriving KONO Neighborhood on Telegraph Avenue, Oakland, CA, a hotspot for arts and culture.
- 5,350 SF building divided into 2 units, offering flexibility for various retail or street retail ventures.
- Zoned CN‑3, allowing for a wide range of commercial uses.
Local Financial Insights For Retail
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 | $134.8k | $25.20 |
| − Vacancy | −$10.1k | −$1.89 |
| EGI | $124.7k | $23.31 |
| − OpEx | −$37.4k | −$6.99 |
| NOI | $87.3k | $16.32 |
5,350 SF · lease $25.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.25M
$1.09M – $1.45M
NOI $87,296 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.18M
$1.91M – $2.54M
NOI $152,650 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 5,350 SF building in Oakland, ideal for retail.
Where is this retail space located?
The property is located at 5300 Foothill Boulevard Oakland, CA.
What is the asking price?
The asking price for this property is $1,288,000.
What are key features of this property?
This property features: Prime location in the thriving KONO Neighborhood on Telegraph Avenue, Oakland, CA, a hotspot for arts and culture.; 5,350 SF building divided into 2 units, offering flexibility for various retail or street retail ventures.; Zoned CN‑3, allowing for a wide range of commercial uses.