Freestanding Commercial Building with
For Sale
$1,400,000
Seminary Avenue, Oakland, CA 94605
6,200 SF commercial building with showroom, offices, and high ceilings.
Property Size6,200 SF
Lot Size0.17 Acres
Price / SF$225.81
Days on Market492
Property Features for Seminary Avenue
General Information
Standard status
Active
Size
6,200 SF
Lot size
0.17 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Elmhurst
Amenities
Concrete Flooring
Electric Heating
Building Details
Year Built
1928
Listing Agency:
CENTERMAC REALTY, INC.
Listed By:
MARIA SHLYCHKOVA
(408) 772-6539
Source:
Corcoran
Added: Jun 24, 2025
Changed: Oct 27
Last Checked: Oct 26 at 4:07PM
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 CENTERMAC REALTY, INC.
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Investment Insights
Based on property information with market context.
This freestanding 6,200 SF commercial building features 25-ft ceilings, roll-up and drive-in doors, a showroom, private offices, and two restrooms. It is situated on a 7,341 SF lot at a high-traffic intersection near Bancroft Ave. Zoned CN-3, the property is suitable for a wide variety of commercial uses. The building will be vacant at the end of November, presenting an opportunity for an owner-user or investor.
Key Highlights
- Freestanding 6,200 SF commercial building
- Zoned CN‑3 suitable for a wide variety of commercial uses
- High‑traffic intersection location near Bancroft Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,713
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,734,260
$1.7M
Cap Rate 7%
$1,238,757
$1.2M
Cap Rate 9%
$963,478
$963.5K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$133.9K $21.60/SF
− Vacancy
−$10.0K −$1.62/SF
EGI
$123.9K $19.98/SF
− OpEx
−$37.2K −$5.99/SF
NOI
$86.7K $13.99/SF
Area
ZIP 94605
Vacancy
7.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,734,260
Cap Rate 7%
$1,238,757
Cap Rate 9%
$963,478
Alternative Uses
Best Use
Retail
$1.24M
$1.08M – $1.45M
NOI $86,713 @ 7.0% cap · market cap 6.19%
Second Best
Office B
$201.5K
$176.3K – $235.1K
NOI $14,105 @ 7.0% cap · market cap 1.01%
Theoretical Best
Multifamily LT 5
$1.79M
$1.57M – $2.09M
NOI $125,500 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94605, CA
44,294
Population
17,686
Households
2.5
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
5,033
Density / Sq Mi
$101,043
Median Household Income
$62,590
Median Earnings
$1,867
Median Rent
$840,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Hernandez hardwood floor — 1912 69th Ave, Oakland, CA 94621
- Verret Group — 2556 62nd ave, oakland, ca 94605
- Stars of Joy Baptist Church — 5234 Foothill Blvd, Oakland, CA 94601
- Fsgc Tile And Stone — 5829 bancroft ave, oakland, ca 94605
- Bautista flooring — 6631 brann st, oakland, ca 94605
Frequently Asked Questions
What type of property is this?
Showroom - 6,200 SF commercial building with showroom, offices, and high ceilings.
Where is this showroom located?
The property is located at Seminary Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Freestanding 6,200 SF commercial building; Zoned CN‑3 suitable for a wide variety of commercial uses; High‑traffic intersection location near Bancroft Ave
