Property profile

Restaurant and Building For Sale Piedmont Ave Oakland, CA 94611

OFF-MARKET
Retail properties & Spaces
3,135 SF
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Property summary

AI-generated overview

This exceptional restaurant and building is available for sale in Oakland, California, at an asking price of $2,100,000. The property boasts a generous 3,135 square feet of space, perfectly suited for a thriving culinary establishment. The building is equipped with a Type 1 hood and holds a Type 47 license, ensuring compliance with all necessary regulations and facilitating a smooth transition for a new owner. Located on Piedmont Avenue in the desirable 94611 zip code, this property benefits from high visibility and foot traffic, making it an ideal investment opportunity. The existing infrastructure and licenses significantly reduce the time and expense associated with setting up a new restaurant. This turnkey operation presents a rare chance to acquire a well-established space in a vibrant Oakland neighborhood. The property's prime location and existing features make it an attractive proposition for both seasoned restaurateurs and new entrepreneurs looking to establish a presence in a thriving market. The sale includes the building and the established restaurant business, offering a complete package for immediate operation. Serious inquiries are encouraged to explore this lucrative opportunity further. The property is located at a precise latitude of 37.8263966 and longitude of -122.2524673.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,135 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Restaurant and Building For Sale Piedmont Ave Oakland, CA 94611
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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