328 7th St
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328 7th St
7,405 SF 100% Leased Retail Building Oakland, CA 94607 £1,011,213 (£137/SF) 5.21% Net Initial Yield
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
£1,011,213
Price Per SF
£137
Net Initial Yield
5.21%
NOI
£52,679
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.83
Land Acres
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 | £875,573 | |
| Land Assessment | £57,749 | Total Assessment | £933,321 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£57,749
Improvements Assessment
£875,573
Total Assessment
£933,321
-
Bonnie Chui -
B.C. Realty
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328 7th St
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