Property profile

408 12Th St Oakland, CA 94607

OFF-MARKET
Retail properties & Spaces
Property ID
US09-7692218
22,092 SF Built 1912
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Property summary

AI-generated overview

This exceptional opportunity presents two adjacent retail spaces totaling 2,198 square feet within the historic Press Building at 408 12th Street in Oakland, California. Located on the corner of Franklin Street, this property boasts a highly desirable location adjacent to the newly renovated Tribune Tower and the recently completed Key Building, ensuring high visibility and foot traffic. The spaces, currently configured as 1,166 square feet and 1,032 square feet respectively, can be combined to create a larger, contiguous space. Each unit features attractive large window frontage, high ceilings, and abundant natural light, creating an inviting atmosphere for any business. The property sits on a 0.34-acre lot and was built in 1912, offering a blend of historic charm and modern convenience. Its strategic location offers unparalleled access to public transportation, being just one block from the 12th Street BART station and steps away from the new BRT Line, ensuring easy commutes for employees and customers alike. The surrounding area is experiencing significant revitalization, with new residential and office developments, as well as established restaurants such as Pierre Pierre, Pin Toh, and Chipotle, creating a vibrant and thriving community. The minimum divisible space is 1,032 square feet, while the maximum contiguous space available is 1,166 square feet. The total building size is 22,092 square feet. This property is situated in Alameda County, California, with a zip code of 94607. This is an ideal location for businesses seeking high visibility, excellent accessibility, and a strong presence in a rapidly growing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1912
Total area 22,092 SF
UPID US09-7692218

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
  • Art Gallery

Location

408 12Th St Oakland, CA 94607
Oakland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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