Property profile

1620-1640 18Th St Oakland, CA 94607

OFF-MARKET
Retail properties & Spaces
12,500 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional restaurant opportunity is located in Oakland, California's vibrant Prescott West Oakland Market Hall at 1620-1640 18th Street. The property, totaling 12,500 square feet, is currently fully vacant and underwent a complete renovation in 2024. The space is ideally suited for multiple restaurant tenants, with two available units ranging from 1,295 to 1,466 square feet each. Situated in Alameda County, this prime location benefits from its proximity to thriving businesses, including a successful farmers market, arts collectives, residential areas, and popular establishments such as Kowbird fried chicken, Black Girls Greenhouse, Kilovolt coffee, and Pacific Pipe Climbing gym. The surrounding area offers a dynamic mix of commercial and residential activity, creating a strong customer base for food and beverage businesses. This newly renovated space presents a unique chance to establish a successful restaurant venture in a rapidly growing and exciting neighborhood. The property's modern design and convenient location make it an attractive option for both established and emerging restaurant concepts. The entire 12,500 square foot building is available for lease. This is a rare opportunity to secure a significant presence in a rapidly developing area of Oakland.

Property profile

Verified
Property type Retail properties & Spaces
Total area 12,500 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

1620-1640 18Th St Oakland, CA 94607
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1620-1640 18Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message