Three-Unit Retail Restaurant
6041 San Pablo Ave Oakland, CA 94608
New
6041 San Pablo Ave, Oakland, CA, 94608
$1,299,000
For Sale
$1,299,000
For sale mixed-use retail property with three units, including an occupied burger restaurant and two vacant suites.
Property Size3,122 SF
Price / SF$416.08
Days on Market3
Property Features for 6041 San Pablo Ave
General Information
- Standard status
- Active
- Size
- 3,122 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1938
Listing agency
Coldwell Banker Realty
(510) 689-9886
Listed by
David Newton · License #01966208
(510) 689-9886
Source
Exitrealty
Added: Jul 21 Updated: Jul 23 at 3:32AM Checked: Jul 23 at 3:32AM
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
Investment Insights
Based on property information with market context.
This for-sale mixed-use retail property at 6041 San Pablo Ave features three versatile units. One unit is currently occupied by a long-standing burger restaurant, while the other two units are vacant and were previously used as a hair salon and a bar.
The property is positioned just minutes from Highway 12 and Interstate 80, supporting convenient access for both day-to-day operations and customer traffic.
With a three-unit layout that includes both an operating food use and two previously retail-oriented spaces, the building offers straightforward options for investors or owner-users looking to manage multiple units within a single property.
The property is positioned just minutes from Highway 12 and Interstate 80, supporting convenient access for both day-to-day operations and customer traffic.
With a three-unit layout that includes both an operating food use and two previously retail-oriented spaces, the building offers straightforward options for investors or owner-users looking to manage multiple units within a single property.
Key Highlights
- 1938‑built mixed‑use retail property with 3 units
- One unit is currently occupied by a long‑standing burger restaurant
- Two additional vacant suites previously used as a hair salon and a bar
Local Financial Insights For Specialty 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 | $97.4k | $31.20 |
| − Vacancy | −$4.9k | −$1.56 |
| EGI | $92.5k | $29.64 |
| − OpEx | −$23.1k | −$7.41 |
| NOI | $69.4k | $22.23 |
3,122 SF · lease $31.20/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$991.5K
$867.5K – $1.16M
NOI $69,402 @ 7.0% cap · market cap 5.34%
Second Best
Retail
$864.8K
$756.7K – $1.01M
NOI $60,533 @ 7.0% cap · market cap 4.66%
Theoretical Best
Multifamily LT 5
$1.02M
$894.4K – $1.19M
NOI $71,549 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - For sale mixed-use retail property with three units, including an occupied burger restaurant and two vacant suites.
Where is this storefront property located?
The property is located at 6041 San Pablo Ave Oakland, CA.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: 1938‑built mixed‑use retail property with 3 units; One unit is currently occupied by a long‑standing burger restaurant; Two additional vacant suites previously used as a hair salon and a bar
