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(408) 659-0001
The Villages Realty - Rodda Realty Team
Oakland, CA 94601
- $750,000
Listed by Wilson Stephens, (925) 428-3351 from Christie's Intl RE Sereno
(If provided) CoList: from
- List Price
- $750,000
- MLS#
- CC41152656
- Status
- ACTIVE
- Lot Size
- 4,800
- Listing Area
- Oakland Zip Code 94601
- Year Built
- 1918
Property Description
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
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Additional Information
- Acres
- 0.11
- Floor Covering
- Wood
- Garage Parking
- No Parking
- Heating System
- Gravity
- Lot Size
- 4,800
- Neighborhood
- Oakland Zip Code 94601
- Present Use
- Retail
- Roof
- Other
- Unincorporated Yn
- Yes
- Zoning
- Comm
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than The Villages Realty - Rodda Realty Team are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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