Technical
Financial
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Property profile

1615 Broadway Oakland, CA 94612

FOR SALE
Retail properties & Spaces
Property ID
US09-6780583
3,400 SF 0.05 ac lot Built 1914
Entity Owned 1-yr Hold ~ Est. High Equity
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1615 Broadway, Oakland, CA 94612 For Sale
$295,000 3,400 SF
1615 Broadway, Oakland, CA 94612
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Use group HISTORICAL RETAIL
Year built 1914
Construction STEEL FRAME
Total area 3,400 SF
Lot 0.05 ac (2,246 SF)
APN 8-723-1
UPID US09-6780583

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
  • Dental Office
  • Law Firm
  • Tour Operator
  • Electric Utility Company

Location

1615 Broadway Oakland, CA 94612
Oakland metro Census 402801 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2025
7 recorded transactions
2025
$800,000
2025
Price N/A
2024
Price N/A
2021
Price N/A
2021
Price N/A
2019
$4.0M
2019
Price N/A

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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