Retail Mixed-Use Commercial | Value-Add Opportunity Zone | High-Traffic International Blvd, Oakland

Description:

Positioned along one of East Oakland's most active commercial corridors, 9631 International Boulevard presents a compelling value-add opportunity for investors, owner-users, and 1031 exchange buyers seeking an affordable entry point into the Oakland commercial market.

This mixed-use commercial duplex sits on a 3,000 SF lot with 1,331 SF of building area, offering flexible commercial or residential use in a federally designated Opportunity Zone.
Priced at $500,000 — this is a rare chance to acquire a vacant asset on International Blvd at a basis that allows for immediate lease-up, owner-user occupancy, or long-term redevelopment.

Property Highlights:
Supports retail, service, office, and mixed residential-commercial uses
2 On-Site Parking Spaces
Class C | Single Tenancy
Modified Gross Lease Structure — flexible cost-sharing for future tenants
Federally Designated Opportunity Zone — significant capital gains tax advantages available to qualifying investors
No current tenant — vacant and ready for immediate occupancy or lease-up

Income & Upside:
Pro Forma Rent: $3,000/month ($36,000/year) at market rate
Pro Forma NOI: ~$16,600 (after expenses)
Pro Forma Cap Rate: ~4.9%
Pro Forma Cash-on-Cash: ~4%
Value-add upside through lease-up, tenant selection, or owner-user repositioning
Modified Gross lease structure allows landlord to control key operating costs

Prime Location & Accessibility:
Located on International Blvd — one of the East Bay's highest-traffic commercial streets
Minutes to I-880, Oakland International Airport (8 min), and Oakland Coliseum (5 min)
Served by AC Transit with strong pedestrian foot traffic and daily commuter volume
Surrounded by the dense residential communities of Elmhurst Park and East Oakland

Dense Demographics & Built-In Demand:
Population (1 Mile): ~40,000+ residents
Strong workforce base and retail demand from surrounding East Oakland neighborhoods
Consistent foot traffic driven by nearby schools, transit stops, and neighborhood services