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$1,600,000

FOR SALEActive

4935 Shattuck Ave

Oakland CA 94609

N/A

SF

Commercial

Type

1956

Built

N/A

Cost/SF

47 days on marketNalren refreshed

Listing Agent

Thomas Garabedian Cone

Listing Agent

DRE #: 02034258

(510) 292-2000

Brokerage: Red Oak Realty

Land Details

Lot Size0.11 acres
Parcel Number14121712

Location Analysis

MapProperty Location

About This Property

Fully-leased 5 unit retail investment opportunity located in Oakland's vibrant Temescal district. 4935 Shattuck Ave is anchored by the Michelin Guide-recommended restaurant Snail Bar. Remaining tenants include a cafe, an additional restaurant equipped with a full kitchen build-out, a hair salon and an African market. With an average of 4+ years remaining on the existing leases, investors will benefit from immediate stable cash flow and annual rent escalations that offer steady upside. Property currently generates $166,170/yr in gross scheduled income and is being offered at 6.37% cap rate. Contact brokers for more information.

Property Information

Property Overview

Commercial

Property Type

Active

Status

0.11 acres

Lot Size

1,956

Year Built

1

Parking Total

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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