296 Hegenberger Rd Oakland, CA 94621-1436
- Turn key restaurants
- 3,850 SF
- 0.33 lot acres
Current Use by Public Records
- Yoshino Sushi / Lounge / Sushi Restaurant
Property Details for 296 Hegenberger Rd
- Year built
- 1961
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.33 lot acres
- Property size
- 3,850 SF
- Property type
- Turn key restaurants
- APN
- 44-5077-4-8
- APU
- 44507748
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.198
- Latitude
- 37.734
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
