Oakland Office Building Investment
For Sale
$599,000
737 2Nd St # 101 #101, Oakland, CA 94607
Historic Oakland building, renovated, ideal for office or investment.
Property Size3,441 SF
Price / SF$174.08
Days on Market486
Property Features for 737 2Nd St # 101 #101
General Information
Standard status
Active
Size
3,441 SF
Building Details
Year Built
1920
Listing Agency:
OAK TREE PROPERTY GROUP
Listed By:
STEPHEN PAGONES · License #01760998
(510) 255-2248
Source:
Corcoran
Added: Jun 19, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:08AM
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 OAK TREE PROPERTY GROUP
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Investment Insights
Based on property information with market context.
The commercial property at 737 2nd St # 101, located in Oakland, presents an investment opportunity. The building, constructed in 1920 and renovated in 2000, contains one unit within its 3,441 square feet. The property is suitable for an office or office building investment, accommodating the needs of the modern workforce.
Key Highlights
- Generous 3,441 SF building suitable for office or office building investment.
- Located in the coveted Oakland area.
- Historic structure built in 1920.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,131
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,620
$922.6K
Cap Rate 7%
$659,014
$659.0K
Cap Rate 9%
$512,567
$512.6K
Market Conditions
NOI Build-Up for 3,441 SF
Gross rent
$80.9K $23.52/SF
− Vacancy
−$19.4K −$5.64/SF
EGI
$61.5K $17.88/SF
− OpEx
−$15.4K −$4.47/SF
NOI
$46.1K $13.41/SF
Area
Oakland, CA
Vacancy
24.00%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,620
Cap Rate 7%
$659,014
Cap Rate 9%
$512,567
Alternative Uses
Best Use
Office B
$659.0K
$576.6K – $768.9K
NOI $46,131 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.13M
$985.8K – $1.31M
NOI $78,860 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,757
Businesses Nearby
Explore this area
Business Placement
Demographics for 94607, CA
31,067
Population
14,362
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
5,266
Density / Sq Mi
$87,937
Median Household Income
$67,107
Median Earnings
$1,875
Median Rent
$744,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Historic Oakland building, renovated, ideal for office or investment.
Where is this office building located?
The property is located at 737 2Nd St # 101 #101 Oakland, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Generous 3,441 SF building suitable for office or office building investment.; Located in the coveted Oakland area.; Historic structure built in 1920.
