See all 12 photos
12 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$750,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41152656
HOA Y/N No
Year Built 1918
Annual Tax Amount $10,500
Lot Size 4,791 Sqft
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
Location
State CA
County Alameda
Zoning Commercial
Interior
Heating Gravity
Fireplace No
Others
Read Less Info
Listed by Wilson Stephens Christie's Intl RE Sereno #01359517
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION