296 Hegenberger Rd Oakland, CA 94621-1436
This exceptional opportunity presents a 3,850 square foot, fee-simple owned restaurant and bar located at 296 Hegenberger Road, Oakland, CA 94621. The property, built in 1961 and extensively renovated in 2005, boasts a Class B rating and sits on a large 14,500 square foot corner lot with 22 parking spaces. Currently operating as a Japanese restaurant with a full bar and patio, the sale includes all existing kitchen equipment. The property benefits from a highly visible location on Hegenberger Road, a four-way signalized intersection, and enjoys significant daily traffic counts (40,046 average). Its proximity to Oakland International Airport (11,146,229 passengers in 2022) ensures a consistent flow of customers. The property is zoned CR-1 (Commercial Regional), offering considerable redevelopment potential. The single-tenant building is currently 100% occupied, with occupancy dating back to December 31, 2021. A Type 47 Alcoholic Beverage License is also available for sale, adding significant value to this already lucrative investment. This owner-user opportunity presents a compelling combination of established income and future growth potential in a prime Oakland location. The asking price is $1,750,000.
-
Yoshino Sushi Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.