2400 Broadway, Oakland, CA 94612
6,831 SF | 50% Leased | Retail Building | Oakland, CA 94612 | $3,400,000 ($498/SF) | 5.07% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,400,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 6,831 SF
- Price / Square Foot
- $498
Listing Contacts
George Bazlamit
Verified Profile
- Property Info
Property Overview
**Prime Mixed-Use Opportunity at 2400 Broadway, Oakland**
**Location:**
2400 - 2404 Broadway is a premier mixed-use building in the heart of Oakland’s vibrant Uptown neighborhood. Directly across from the new Kissel Uptown by Hyatt, the area features 168 hotel rooms, 72 residential units, and 18,000 sq. ft. of retail space. The neighborhood boasts popular spots like Limon, Firebrand Bread, lululemon, Oakland YMCA, God's Gym, Otto's Uptown Kitchen, and High 5ive Rooftop Bar. The property is on a stand-alone block, just 0.4 miles from SR-24, the I-80 interchange, and the 19th St. BART station.
**Property Features:**
- **Residential Units:** Six units above a 3,500 sq. ft. ground floor commercial space.
- **Ideal for Investors and Owner-Users:** Perfect for long-term investors or owner-user retailers.
- **Available Space:** The ground floor will be delivered vacant, along with three remodeled residential units upstairs.
**Future Development Potential:**
2400 Broadway’s unique position between Webster St. and Broadway offers strong potential for future development. The surrounding area has experienced significant redevelopment over the past five years as part of Oakland’s Broadway Valdez Specific Plan, which aims to create socially and economically sustainable high-density mixed-use development.
Don’t miss this exceptional opportunity to invest in one of Oakland’s most dynamic neighborhoods.
**Location:**
2400 - 2404 Broadway is a premier mixed-use building in the heart of Oakland’s vibrant Uptown neighborhood. Directly across from the new Kissel Uptown by Hyatt, the area features 168 hotel rooms, 72 residential units, and 18,000 sq. ft. of retail space. The neighborhood boasts popular spots like Limon, Firebrand Bread, lululemon, Oakland YMCA, God's Gym, Otto's Uptown Kitchen, and High 5ive Rooftop Bar. The property is on a stand-alone block, just 0.4 miles from SR-24, the I-80 interchange, and the 19th St. BART station.
**Property Features:**
- **Residential Units:** Six units above a 3,500 sq. ft. ground floor commercial space.
- **Ideal for Investors and Owner-Users:** Perfect for long-term investors or owner-user retailers.
- **Available Space:** The ground floor will be delivered vacant, along with three remodeled residential units upstairs.
**Future Development Potential:**
2400 Broadway’s unique position between Webster St. and Broadway offers strong potential for future development. The surrounding area has experienced significant redevelopment over the past five years as part of Oakland’s Broadway Valdez Specific Plan, which aims to create socially and economically sustainable high-density mixed-use development.
Don’t miss this exceptional opportunity to invest in one of Oakland’s most dynamic neighborhoods.
Property Details
- Class
- C
- Year Built/Renovated
- 1965/2024
- Stories
- 2
- Property Subtype
- Storefront Retail/Residential, Storefront, Storefront Retail/Office
- Lot Size (sq. ft)
- 3,485 SF
Highlights
- Ground floor space is light and bright with full light windows on two side. Such a wonderful opportunity for an owner user.
- Updated plumbing and electrical, high ceilings, ADA ramp, and more foot traffic than can be counted.
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