6613 Hollis St
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6613 Hollis St
5,505 SF 100% Leased Flex Building Emeryville, CA 94608 $3,590,000 ($652/SF)
Investment Highlights
- 3 Large Walk-in Refrigerators and Freezers, a new Grease Trap (2 in total), polyurethane flooring, FRP walls, floor drains
- Dedicated Bathrooms, a great mix of High-End Ranges. Stoves, Fryers and so much more!
- 2 Industrial Water Heaters, a 17'-Type 1 Hood. a 8' Type-1 Hood, New Electrical with 3-Phase Power and 400 Amps
Executive Summary
Amazing Flex Property w/ Huge Earning History and Potential, Zoned for Food & Cannabis Use. Huge Kitchen Remodel in 2024!
RRC# 4850
Location: Emeryville
Description:
This outstanding Mixed-Use Property, located in the safe city of Emeryville, is perfect as an Investment or Owner Occupied as the current owner has done for decades. He has operated the ~1000sf Pizzeria since 2008, as well as operating a lucrative Commissary Kitchen that made up the remainder of the warehouse style areas of the building.
The pizzeria's peak sales year was ~$1.3million in revenue. He currently charges his pizzeria $4500/month for rent. Above the pizzeria is an office space that is ~1000sf and currently rented to a Cannabis tenant for $6500/month.
The owner converted much of the rentable space within the building to Cannabis use in 2015 ahead of the passing of Proposition 64 in California. The change of use and tenancy proved to be very lucrative for the building owner.
In 2023 the owner began a nearly 1/4Million dollar project to convert, remodel and upgrade the commissary kitchen spaces, with the project set for completion in 2024 ready to rent to new food production tenants, chefs and caterers. The kitchen spaces could support up to 4-5 tenants or one main high production tenant paying a higher lease rate. The kitchens could bring in as much as $30,000 a month with the right tenancy mix. The commissary kitchen's peak rental income was ~$28,000/year, reaching higher levels during the peak of the cannabis tenancies.
He spared no expense on the equipment and upgrades to the space which include 3 Large Walk-in Refrigerators and Freezers, a new Grease Trap (2 in total), polyurethane flooring, FRP walls, floor drains, 2 Industrial Water Heaters, a 17'-Type 1 Hood. a 8' Type-1 Hood, New Electrical with 3-Phase Power and 400 Amps, Dedicated Bathrooms, a great mix of High-End Ranges. Stoves, Fryers and so much more!
This very secure building has a large loading garage door for deliveries, a video security system, metal gates and fencing.
The Sale includes the purchase of existing restaurant FF&E. The pizzeria has a 8' Type-2 Hood & 4' Type-1 Hood, one bathroom, storage and walk-in, and a fantastic gated patio which can be used for dining guests or events. The pizzeria previously had a Full Liquor License that was transferred to another location and business, and currently has a Beer & Wine License. A new owner can apply for an ABC license of their choice.
Permitted Cannabis use uses include the possession, manufacturing, without volatile solvents, distribution, processing, storing, labeling, and non-storefront dispensary.
This versatile, heavily upgraded building is a fantastic investment so reach out right away before this opportunity is gone!
Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: Sole Proprietorship
Established: 2008
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included - See Description
Facilities:
Square Feet: Building is 5,505sf, Lot 6,534 w/gated patio
Seating: 100 on Patio, No Interior Seating in Pizzeria
Parking: Easy Street Parking
Licenses: Contact for Info
Days/Hours of Operation: Up to new owner - flexible
RRC# 4850
Location: Emeryville
Description:
This outstanding Mixed-Use Property, located in the safe city of Emeryville, is perfect as an Investment or Owner Occupied as the current owner has done for decades. He has operated the ~1000sf Pizzeria since 2008, as well as operating a lucrative Commissary Kitchen that made up the remainder of the warehouse style areas of the building.
The pizzeria's peak sales year was ~$1.3million in revenue. He currently charges his pizzeria $4500/month for rent. Above the pizzeria is an office space that is ~1000sf and currently rented to a Cannabis tenant for $6500/month.
The owner converted much of the rentable space within the building to Cannabis use in 2015 ahead of the passing of Proposition 64 in California. The change of use and tenancy proved to be very lucrative for the building owner.
In 2023 the owner began a nearly 1/4Million dollar project to convert, remodel and upgrade the commissary kitchen spaces, with the project set for completion in 2024 ready to rent to new food production tenants, chefs and caterers. The kitchen spaces could support up to 4-5 tenants or one main high production tenant paying a higher lease rate. The kitchens could bring in as much as $30,000 a month with the right tenancy mix. The commissary kitchen's peak rental income was ~$28,000/year, reaching higher levels during the peak of the cannabis tenancies.
He spared no expense on the equipment and upgrades to the space which include 3 Large Walk-in Refrigerators and Freezers, a new Grease Trap (2 in total), polyurethane flooring, FRP walls, floor drains, 2 Industrial Water Heaters, a 17'-Type 1 Hood. a 8' Type-1 Hood, New Electrical with 3-Phase Power and 400 Amps, Dedicated Bathrooms, a great mix of High-End Ranges. Stoves, Fryers and so much more!
This very secure building has a large loading garage door for deliveries, a video security system, metal gates and fencing.
The Sale includes the purchase of existing restaurant FF&E. The pizzeria has a 8' Type-2 Hood & 4' Type-1 Hood, one bathroom, storage and walk-in, and a fantastic gated patio which can be used for dining guests or events. The pizzeria previously had a Full Liquor License that was transferred to another location and business, and currently has a Beer & Wine License. A new owner can apply for an ABC license of their choice.
Permitted Cannabis use uses include the possession, manufacturing, without volatile solvents, distribution, processing, storing, labeling, and non-storefront dispensary.
This versatile, heavily upgraded building is a fantastic investment so reach out right away before this opportunity is gone!
Andy@restaurantrealty.com
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: Sole Proprietorship
Established: 2008
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: Real Estate Included - See Description
Facilities:
Square Feet: Building is 5,505sf, Lot 6,534 w/gated patio
Seating: 100 on Patio, No Interior Seating in Pizzeria
Parking: Easy Street Parking
Licenses: Contact for Info
Days/Hours of Operation: Up to new owner - flexible
Property Facts
| Price | $3,590,000 | Lot Size | 0.15 AC |
| Price Per SF | $652 | Rentable Building Area | 5,505 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1949 |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Price | $3,590,000 |
| Price Per SF | $652 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 5,505 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| No. Drive In / Grade-Level Doors | 3 |
Utilities
- Water - City
- Sewer - City
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Green Life California LLC
- Public Administration
- 1,000 SF
- -
- -
- Rotten City Pizza
- Accommodation and Food Services
- 1,000 SF
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Green Life California LLC | Public Administration | 1,000 SF | - | - | ||
| Rotten City Pizza | Accommodation and Food Services | 1,000 SF | - | - |
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Walk Score ®
Walker's Paradise (90)
Bike Score ®
Biker's Paradise (97)
PROPERTY TAXES
| Parcel Number | 049-1511-003-02 | Improvements Assessment | $853,723 |
| Land Assessment | $328,355 | Total Assessment | $1,182,078 |
PROPERTY TAXES
Parcel Number
049-1511-003-02
Land Assessment
$328,355
Improvements Assessment
$853,723
Total Assessment
$1,182,078
zoning
| Zoning Code | I (Food uses, industrial/flex uses.) |
| I (Food uses, industrial/flex uses.) |
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6613 Hollis St
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