1407 Miller Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1407 Miller Ave
6,835 SF 100% Leased Retail Building Oakland, CA 94601 £711,009 (£104/SF) 7.53% Net Initial Yield
Investment Highlights
- Renovated Commercial Restaurant
- Large Units above Restaurant
Executive Summary
Opportunity for Investor. Mixed use building. Sidewalk Certification & Sewer Lateral Certification completed 2022. Work not reflected in pictures. The building has 2 commercial units, one is a tire shop and the other is a restaurant. The restaurant contains 2,119 square feet and consists of an ordering counter, seating area, full kitchen with grease trap, fume hood, and newly installed cooler. Major remodeling/Tenant paid improvements 2020. Newer Icebox/Refrigerator. Full Kitchen. Two units above restaurant. They are both of a two-bedroom, one and one-half bath configuration in a two-story townhouse style layout containing around 1,360 square feet each. Very nice rooms. Living room and kitchen large with half bath on main level. New flooring in both units. One laminate floor. One wall to wall carpeting. There is additional space above units (roof top) that can be accessed. Long-term tenants. Tire/Iron shop in commercial spaces on two year leases.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,835 SF
Building Class
C
Year Built/Renovated
1913/2023
Price
£711,009
Price Per SF
£104
Net Initial Yield
7.53%
NOI
£53,560
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.31
Land Acres
0.12 AC
Opportunity Zone
Yes
Zoning
CN-3 - CN-3
Frontage
Amenities
- Corner Lot
- Restaurant
- Air Conditioning
- Balcony
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Quetzal Taqueria
- Accommodation and Food Services
- 99,999 SF
- $9.99
- Lorem Ipsum
- Jan 0000
- Vindiola Tires
- Service type
- 99,999 SF
- $9.99
- Lorem Ipsum
- Jan 0000
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Quetzal Taqueria | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
Vindiola Tires | Service type | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (82)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 020-0153-008-00 | Total Assessment | £1,436,532 (2024) |
Land Assessment | £430,960 (2024) | Annual Taxes | -£1 (£0.00/sf) |
Improvements Assessment | £1,005,573 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
020-0153-008-00
Land Assessment
£430,960 (2024)
Improvements Assessment
£1,005,573 (2024)
Total Assessment
£1,436,532 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2023
1 of 49
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1407 Miller Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.