328 7th St
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328 7th St
7,405 SF 100% Leased Retail Building Oakland, CA 94607 $1,280,000 ($173/SF) 5.21% Cap Rate
Executive Summary
328 7th Street. Oakland, CA 94607
Seller Financing Available
Tenant 1st Floor Restaurant, $5000 per month, no lease.
Tenant 2nd Floor Music Club, $1900 per month, no lease.
Tenant 3rd Floor Kun Hou Association, $1600 per month, no lease.
Building Size: an approximately 7200 sq.ft. Commercial/Office/Residential
Lot Size: 2500 sq.ft. lot per assessor
The 3 stories commercial/office/residential mixed building built in 1988, sprinkler system.
Great potential for an owner/user or investment with upside rent. Below replacement cost.
Located near walking distance to Bart, Jack London Square, Financial District.
Seller Financing Available
Tenant 1st Floor Restaurant, $5000 per month, no lease.
Tenant 2nd Floor Music Club, $1900 per month, no lease.
Tenant 3rd Floor Kun Hou Association, $1600 per month, no lease.
Building Size: an approximately 7200 sq.ft. Commercial/Office/Residential
Lot Size: 2500 sq.ft. lot per assessor
The 3 stories commercial/office/residential mixed building built in 1988, sprinkler system.
Great potential for an owner/user or investment with upside rent. Below replacement cost.
Located near walking distance to Bart, Jack London Square, Financial District.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,405 SF
Building Class
C
Year Built
1988
Price
$1,280,000
Price Per SF
$173
Cap Rate
5.21%
NOI
$66,681
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.83
Lot Size
0.06 AC
Frontage
58 FT on 7th St
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Excellent Transit (88)
Bike Score ®
Very Bikeable (78)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,115,392 | |
| Land Assessment | $73,566 | Total Assessment | $1,188,958 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$73,566
Improvements Assessment
$1,115,392
Total Assessment
$1,188,958
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328 7th St
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