New Retail Condo in
990 Granada Ave San Francisco, CA 94112
990 Granada Ave, San Francisco, CA, 94112
$295,000
For Sale
$295,000
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$223.32
Days on Market145
Property Features for 990 Granada Ave
General Information
- Standard status
- Active
- Size
- 1,321 SF
Listing agency
Brian A. Merrion, Broker
(415) 474-1750
Listed by
Brian Andrew Merrion · License #01940486
(415) 802-1400
Source
Exprealty
Added: Feb 26 Updated: Jul 21 at 5:31AM Checked: Jul 21 at 5:31AM
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
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)
Local Financial Insights For 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 | $39.6k | $30.00 |
| − Vacancy | −$4.8k | −$3.60 |
| EGI | $34.9k | $26.40 |
| − OpEx | −$10.5k | −$7.92 |
| NOI | $24.4k | $18.48 |
1,321 SF · lease $30.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$348.7K
$305.2K – $406.9K
NOI $24,412 @ 7.0% cap · market cap 8.28%
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 18.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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 $295,000.
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)
