Property summary
This exceptional retail opportunity is located in Oakland, CA's vibrant downtown core at 1615 Broadway, a highly visible location within the iconic Cathedral Building. The property, a one-story, 4,968 square foot strip center built in 1914, offers a turnkey 1,701 square foot space, previously occupied by a Peets Coffee shop. All existing equipment and furnishings are included, allowing for immediate occupancy and operation. The space also includes an additional 660 square feet of lower-level space. The building sits on a 5-acre lot and enjoys a prime location at the intersection of Broadway and 17th Street. This high-traffic area benefits from excellent visibility and proximity to key landmarks. The property is just 1.5 blocks from Oakland City Center's 30,000 square feet of prime retail space, across the street from City Hall, and near Frank Ogawa Plaza and the Rotunda Building. This is a rare chance to acquire a fully equipped, move-in ready retail space in a highly desirable downtown Oakland location. The building features 14 stories, though the retail space is on one level. This presents a unique opportunity for a quick start-up or established business seeking a prominent location. The property's address is 1615 Broadway, Oakland, CA 94612.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Dental Office
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Law Firm
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Tour Operator
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Electric Utility Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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