Retail Shell
For Sale
$287,500
986 W Grand Ave, Oakland, CA 94607
Commercial Sale, Oakland, CA
Property Size1,328 SF
Lot Size0.03 Acres
Price / SF$216.49
Days on Market709
Property Features for 986 W Grand Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CC-2
Subdivision
WEST OAKLAND
Lot features
Freeway Nearby, Public Transport Nearby
Standard status
Active
APN
543059
Size
1,328 SF
Lot size
0.03 Acres
Building Details
Year built
2021
Building materials
Stucco
Listing Agency:
Winkler Real Estate Group
(510) 528-2200
Listed By:
Daniel Winkler · License #01090765
(510) 421-4528
Added: Nov 4, 2024
Changed: Aug 25
Last Checked: Oct 14 at 7:06AM
MLS# 41078169
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,328-square-foot retail property presents an unfinished interior within a building constructed in 2021. Stucco exterior construction and a compact 0.0305-acre site define the physical asset, while the space’s shell condition allows the next occupant or owner to plan the interior around its intended retail use.
The property is located at 986 W Grand Ave in Oakland, California, within the 94607 postal area. CC-2 zoning supports its classification as a retail space and provides the primary land-use designation for evaluating the property.
The property is located at 986 W Grand Ave in Oakland, California, within the 94607 postal area. CC-2 zoning supports its classification as a retail space and provides the primary land-use designation for evaluating the property.
Key Highlights
- 1,328 square feet of retail space
- 0.0305‑acre site
- CC‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,749
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,980
$515.0K
Cap Rate 7%
$367,843
$367.8K
Cap Rate 9%
$286,100
$286.1K
Market Conditions
NOI Build-Up for 1,328 SF
Gross rent
$38.9K $29.28/SF
− Vacancy
−$2.1K −$1.58/SF
EGI
$36.8K $27.70/SF
− OpEx
−$11.0K −$8.31/SF
NOI
$25.7K $19.39/SF
Area
Oakland, CA
Vacancy
5.40%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$514,980
Cap Rate 7%
$367,843
Cap Rate 9%
$286,100
Alternative Uses
Best Use
Retail
$367.8K
$321.9K – $429.2K
NOI $25,749 @ 7.0% cap · market cap 8.96%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$434.8K
$380.4K – $507.3K
NOI $30,435 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,033
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 16%
Electronics 3%
AMPM
Shops & Services
15,078 visits/mo
0.2 miles
AutoZone
Shops & Services
7,492 visits/mo
0.4 miles
Twin Peaks
Dining
5,983 visits/mo
0.4 miles
StorQuest Self Storage
Shops & Services
2,471 visits/mo
0.4 miles
StorageMart
Shops & Services
1,653 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Unfinished retail premises with CC-2 zoning and a recently completed building structure.
Where is this retail space located?
The property is located at 986 W Grand Ave Oakland, CA.
What is the asking price?
The asking price for this property is $287,500.
What are key features of this property?
This property features: 1,328 square feet of retail space; 0.0305‑acre site; CC‑2 zoning
