$750,000
FOR SALEActive5383 Bancroft Ave
Oakland CA 94601
N/A
SF
Commercial
Type
1918
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
Bank-owned storefront building on Bancroft Avenue, delivered vacant and priced at about $208/SF. 5383-5385 Bancroft Ave offers two street-front entries, large display windows and a long, open main floor with a skylight, column line and wood floors. Site photos also show upper-level rooms and a lower level with a kitchen area (3-compartment sink and range), a restroom, and a rear deck and yard. Public record lists about 3,600 SF of building area on a lot of about 4,800 SF, built 1918 (buyer to verify). A good fit for an owner-user ready to set up shop, or an investor who wants to lease up at today's rents. At $18-$26/SF/yr NNN, pro forma NOI is about $56,700-$83,000, a 7.6%-11.1% cap rate on price (estimates; see Offering Memorandum). Nearby retail buildings are currently offered at a median of about $303/SF (LoopNet asking prices, 10/2026). On Bancroft Ave between Foothill Blvd and Wentworth Ave, in Oakland's 94601 trade area with a 2025 population of more than 53,000 (Esri via RPR). S
Property Information
Property Overview
Commercial
Property Type
Active
Status
Commercial
Zoning
0.11 acres
Lot Size
9.32%
Cap Rate
$70K
NOI
$10,500
Annual Tax
1,918
Year Built
Property Highlights
N/A Property
Prime Location with High Visibility
9.32% Cap Rate
Location Analysis
Zoning & Use
Utilities & Systems
Investment Metrics
9.32%
Cap Rate
$69,874
NOI
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CRMLS
MLS# 41152656
Listed:
Nalren refreshed:
Last updated
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Listed by: Christie's Intl RE Sereno
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.