New Retail Condo in
For Sale
$269,000
990 Granada Ave, San Francisco, CA 94112
Newly constructed CC-2 commercial unit within a mile of Oakland BART, with convenient access to Interstates 80, 880, and 980.
Property Size1,321 SF
Price / SF$203.63
Days on Market260
Property Features for 990 Granada Ave
General Information
Standard status
Active
Size
1,321 SF
Zoning
CC-2
Additional Details
Highway Access
Yes
Listing Agency:
Brian A. Merrion, Broker
Listed By:
Brian Merrion · License #01940486
(415) 474-1750
Source:
Exprealty
Added: Feb 2
Changed: Oct 1
Last Checked: Oct 19 at 1:23PM
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 Brian A. Merrion, Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Newly constructed retail condo located at 990 Granada Ave, offered for lease or sale. The space is zoned in the CC-2 Community Commercial District and is being marketed as one of three available units, with the option to purchase one or all three for an investment portfolio.
The property is described as being less than a mile from 19th Street and Oakland BART station, with easy access to local freeways including 80, 880 and 980. In a residential neighborhood setting, it is positioned for foot traffic and convenient regional connectivity.
For buyers or tenants looking for a CC-2 retail condo format with flexible acquisition options across multiple units, this offering provides a straightforward path to lease or purchase.
The property is described as being less than a mile from 19th Street and Oakland BART station, with easy access to local freeways including 80, 880 and 980. In a residential neighborhood setting, it is positioned for foot traffic and convenient regional connectivity.
For buyers or tenants looking for a CC-2 retail condo format with flexible acquisition options across multiple units, this offering provides a straightforward path to lease or purchase.
Key Highlights
- Newly constructed CC‑2 commercial condo in Oakland
- Less than a mile from 19th Street and Oakland BART station
- Retail condo zoned CC‑2 (Community Commercial District)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,412
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,240
$488.2K
Cap Rate 7%
$348,743
$348.7K
Cap Rate 9%
$271,244
$271.2K
Market Conditions
NOI Build-Up for 1,321 SF
Gross rent
$39.6K $30.00/SF
− Vacancy
−$4.8K −$3.60/SF
EGI
$34.9K $26.40/SF
− OpEx
−$10.5K −$7.92/SF
NOI
$24.4K $18.48/SF
Area
ZIP 94112
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,240
Cap Rate 7%
$348,743
Cap Rate 9%
$271,244
Alternative Uses
Best Use
Retail
$348.7K
$305.2K – $406.9K
NOI $24,412 @ 7.0% cap · market cap 9.08%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$760.1K
$665.1K – $886.8K
NOI $53,207 @ 7.0% cap · market cap 19.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,197
Businesses Nearby
118k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Groceries 36%
Shops & Services 13%
Home Improvements & Furnishings 3%
Whole Foods Market
Groceries
43,196 visits/mo
0.2 miles
McDonald's
Dining
41,721 visits/mo
0.2 miles
Philz Coffee
Dining
14,499 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,213 visits/mo
0.4 miles
Wells Fargo
Shops & Services
5,363 visits/mo
0.2 miles
Demographics for 94112, CA
79,314
Population
24,530
Households
3.2
Avg Household Size
42
Median Age
36%
College-Educated
80%
High-School Grad
3.3 sq mi
ZIP Area
24,035
Density / Sq Mi
$130,906
Median Household Income
$55,744
Median Earnings
$2,326
Median Rent
$1,159,600
Median Home Value
Market
Vacancy Rate% for Retail in San Francisco, CA
Frequently Asked Questions
What type of property is this?
Retail space - Newly constructed CC-2 commercial unit within a mile of Oakland BART, with convenient access to Interstates 80, 880, and 980.
Where is this retail space located?
The property is located at 990 Granada Ave San Francisco, CA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Newly constructed CC‑2 commercial condo in Oakland; Less than a mile from 19th Street and Oakland BART station; Retail condo zoned CC‑2 (Community Commercial District)
