Oakland Mixed-Use Investment
For Sale
$799,000
610 14Th St, Oakland, CA 94612
Mixed-Use Property in Oakland
Property Size4,000 SF
Price / SF$199.75
Days on Market242
Property Features for 610 14Th St
General Information
Standard status
Active
Property type
Other restaurants, Mixed-use properties, Duplexes, Restaurants
Size
4,000 SF
Net Rentable
4,000 SF
Class
B
Sale Condition
Build To Suit
Investment Type
Owner User
Building Details
Buildings
5
Stories
2
Listing Agency:
eXp Commercial - CA
(415) 802-1400
Listed By:
Brian · License #02325254
(415) 802-1400
Added: Dec 30, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
Located in downtown Oakland, the mixed-use property at 610 14th Street features a total of five units. The property includes two one-bedroom apartments, two studio apartments, and a fully built-out restaurant space on the ground floor. The restaurant space is ready for immediate occupancy and includes select equipment. The residential units offer a mix of one-bedroom and studio layouts. The property is situated on 14th Street, providing close proximity to public transit, shopping, and dining. The location benefits from high foot traffic and is near Oakland’s cultural and business hubs. This property offers potential for both residential and commercial income.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$60,720
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,214,400
$1.2M
Cap Rate 7%
$867,429
$867.4K
Cap Rate 9%
$674,667
$674.7K
Market Conditions
NOI Build-Up for 4,000 SF
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.
Gross rent
$110.4K $27.60/SF
− Vacancy
−$13.2K −$3.31/SF
EGI
$97.2K $24.29/SF
− OpEx
−$36.4K −$9.11/SF
NOI
$60.7K $15.18/SF
Area
Oakland, CA
Vacancy
12.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,214,400
Cap Rate 7%
$867,429
Cap Rate 9%
$674,667
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.15M – $1.53M
NOI $91,671 @ 7.0% cap · market cap 11.47%
Second Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,920 @ 7.0% cap · market cap 11.13%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
9,729
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 40%
Hotels & Casinos 2%
Chevron
Shops & Services
14,597 visits/mo
0.4 miles
McDonald's
Dining
13,504 visits/mo
0.4 miles
Chase Bank
Shops & Services
5,019 visits/mo
0.5 miles
Union Bank
Shops & Services
2,883 visits/mo
0.4 miles
Mountain Mike's Pizza
Dining
2,457 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Mixed-Use Property in Oakland
Where is this restaurant located?
The property is located at 610 14Th St Oakland, CA.
What is the asking price?
The asking price for this property is $799,000.
