3303 San Pablo Avenue, CA 94608

Highlights:

• Turnkey commercial kitchen with hood and vent and a large prep area
• 3,078 SF masonry building on a 6,882 SF parcel
• Four (4) roll-up doors with a large on-site parking and loading area
• RU-5 zoning on the San Pablo Avenue corridor
• Located in a designated Opportunity Zone
• Close to major freeways and the Bay Bridge

Description:

NAI Northern California, in cooperation with Urban Group Real Estate, is pleased to present 3303 San Pablo Avenue, a 3,078 SF single-story masonry building on a 6,882 SF parcel in Oakland, offered at $1,185,000 ($385/SF).

The building is improved as a commercial kitchen with a hood and vent system, a large prep area, storage, office space, two restrooms, and four roll-up doors. It also has a sizable exterior parking and loading area. The current tenant vacates at the end of January 2027, so a buyer can occupy the turnkey kitchen or re-lease the building at market rent. The property offers a 7.3% cap rate on in-place income and an 8.1% pro forma cap rate at market rent.

The site is zoned RU-5. Per the Oakland Planning Code, the intent of the RU-5 Zone is to create, maintain, and enhance areas of the City that are appropriate for multi-unit, mid-rise, and high-rise residential structures and ground floor neighborhood businesses on the City’s major corridors. The property sits on San Pablo Avenue, one of Oakland’s primary commercial corridors, in a designated Opportunity Zone, near major freeways and the Bay Bridge.

Documents: