Two-Story Mixed-Use
635 E 14Th St San Leandro, CA 94577
New
For Sale
$1,060,000
Two-story mixed-use property with ground-floor restaurant space and three second-floor office suites, two currently leased.
Property Size3,470 SF
Lot Size0.05 Acres
Price / SF$305.48
Days on Market7
Property Features for 635 E 14Th St
General Information
- Standard status
- Active
- Size
- 3,470 SF
- Lot size
- 0.05 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1946
Listing Agency:
(925) 830-8888
Listed By:
Notable Real Estate
Source:
Xome
Added: Jul 18
Changed: Jul 24
Last Checked: Jul 24 at 4:58AM
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 Notable Real Estate
Investment Insights
Based on property information with market context.
This two-story mixed-use building offers approximately 3,470 square feet on a 0.0545-acre lot. The ground floor features restaurant space, while the second floor is divided into three office suites. Two of the second-floor suites are currently leased, and one suite is vacant.
The property is located in Downtown San Leandro on the westerly side of E. 14th. It is about 1.25 miles west of Interstate 580 and about 1.25 miles from East of Interstate 880, placing it within reach of nearby city offices and both professional and retail services.
As currently configured, the building provides immediate rental income from the leased office suites alongside additional space available for occupancy on the second floor.
The property is located in Downtown San Leandro on the westerly side of E. 14th. It is about 1.25 miles west of Interstate 580 and about 1.25 miles from East of Interstate 880, placing it within reach of nearby city offices and both professional and retail services.
As currently configured, the building provides immediate rental income from the leased office suites alongside additional space available for occupancy on the second floor.
Key Highlights
- 3,470 SF two‑story mixed‑use building on 0.0545 acre in Downtown San Leandro
- Ground‑floor restaurant space plus 3 second‑floor office suites (2 leased, 1 vacant)
- Immediate rental income with lease upside based on the current lease status
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 | $125.3k | $36.12 |
| − Vacancy | −$31.8k | −$9.17 |
| EGI | $93.5k | $26.95 |
| − OpEx | −$23.4k | −$6.74 |
| NOI | $70.1k | $20.21 |
3,470 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.00M
$876.6K – $1.17M
NOI $70,126 @ 7.0% cap · market cap 6.62%
Second Best
Specialty Retail
$912.8K
$798.7K – $1.06M
NOI $63,897 @ 7.0% cap · market cap 6.03%
Theoretical Best
Retail
$15.82M
$13.84M – $18.46M
NOI $1,107,369 @ 7.0% cap · market cap 104.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Scends
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Two-story mixed-use property with ground-floor restaurant space and three second-floor office suites, two currently leased.
Where is this conventional restaurant located?
The property is located at 635 E 14Th St San Leandro, CA.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: 3,470 SF two‑story mixed‑use building on 0.0545 acre in Downtown San Leandro; Ground‑floor restaurant space plus 3 second‑floor office suites (2 leased, 1 vacant); Immediate rental income with lease upside based on the current lease status
