Neighborhood Grocery Store with
7475 Bancroft Ave Oakland, CA 94605
7475 Bancroft Ave, Oakland, CA, 94605
$650,000
Pending
For Sale
$650,000
Pending
Established neighborhood grocery store includes all equipment and fixtures, plus a 16-by-7-foot walk-in cooler.
Property Size1,532 SF
Days on Market72
Property Features for 7475 Bancroft Ave
General Information
- Standard status
- Pending
- Size
- 1,532 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1981
Listing agency
BEN TAYLOR, BROKER
(510) 637-9266
Listed by
Ben Taylor · License #00884531
(510) 637-9266
Source
Exitrealty
Added: May 13 Updated: Jul 22 at 6:09AM Checked: Jul 23 at 5:41AM
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 BEN TAYLOR, BROKER
Investment Insights
Based on property information with market context.
This well-established neighborhood grocery store is offered for sale with both the business and real estate included. The sale includes all equipment and fixtures, supporting an operator-ready handoff. A key special feature is a walk-in cooler measuring 16" x 7" x 8". The property size is listed as 1,532 square feet.
The store is located directly at the intersection of 73rd Avenue and Bancroft Avenue at Eastmont Town Center, providing a neighborhood retail setting.
For buyers seeking a turnkey grocery footprint with existing refrigeration and included equipment, this offering provides the real estate and operating components in one transaction.
The store is located directly at the intersection of 73rd Avenue and Bancroft Avenue at Eastmont Town Center, providing a neighborhood retail setting.
For buyers seeking a turnkey grocery footprint with existing refrigeration and included equipment, this offering provides the real estate and operating components in one transaction.
Key Highlights
- Established neighborhood grocery store at the intersection of 73rd Avenue and Bancroft Avenue in Eastmont Town Center
- All equipment and fixtures included in the sale
- Includes a 16‑ft by 7‑ft walk‑in cooler
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 | $34.9k | $22.80 |
| − Vacancy | −$2.3k | −$1.48 |
| EGI | $32.7k | $21.32 |
| − OpEx | −$8.2k | −$5.33 |
| NOI | $24.5k | $15.99 |
1,532 SF · lease $22.80/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$349.9K
$306.2K – $408.2K
NOI $24,494 @ 7.0% cap · market cap 3.77%
Second Best
Retail
$306.1K
$267.8K – $357.1K
NOI $21,427 @ 7.0% cap · market cap 3.30%
Theoretical Best
Multifamily LT 5
$443.0K
$387.6K – $516.9K
NOI $31,011 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
New Market
Grocery & Convenience Store
Just Digital Coin ...
Atm
Family Market Llc
Grocery & Convenience Store
Similar For Sale Nearby
Similar Off Market Nearby
- alshuja market — 8017 MacArthur Blvd, Oakland, CA 94605
- Royal Foods Super Market — 7615 MacArthur Blvd, Oakland, CA 94605
FAQs
What type of property is this?
Grocery and convenience store - Established neighborhood grocery store includes all equipment and fixtures, plus a 16-by-7-foot walk-in cooler.
Where is this grocery and convenience store located?
The property is located at 7475 Bancroft Ave Oakland, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Established neighborhood grocery store at the intersection of 73rd Avenue and Bancroft Avenue in Eastmont Town Center; All equipment and fixtures included in the sale; Includes a 16‑ft by 7‑ft walk‑in cooler
