1620-1640 18Th St Oakland, CA 94607
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.
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Prescott Market Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.