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324 10th St 375 SF Retail Condo Unit Offered at $350,000 in Oakland, CA 94607

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Investment Highlights

  • $30,000 annual rent producing $22,990 NOI and a 6.57% Cap Rate
  • Quickly (national boba brand) with 19+ years operating at this location
  • Two retail condo units totaling 375 SF, combined as a single street-level storefront
  • NN lease with tenant responsible for CAM, utilities, maintenance, and association dues
  • Lease through 8/31/2027 with one 2-year option at market rent, offering upside
  • Prime Oakland Chinatown location near Lincoln Square Park with strong pedestrian traffic

Data Room Click Here to Access

Property Facts

Total Building Size 375 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Fast Food
Building Class C
Floors 2
Typical Floor Size 188 SF
Year Built 1920
Tenancy Single
Lot Size 0.37 AC
Zoning CI - Commercial/ Industrial ( Mixed Use)

Amenities

  • Mezzanine
  • Signage

1 Unit Available

Unit 118-119

Unit Size 375 SF
Price $350,000
Price Per SF $933.33
Condo Use Retail
Sale Type Investment
Cap Rate 6.57%
NOI $22,995
Sale Notes

324 10th St Units 118–119 offers a rare opportunity to acquire a street-level retail condominium investment in the heart of Oakland Chinatown. The combined 375 SF storefront is leased to Quickly, a nationally recognized boba brand with 19+ years operating at this location. The NN lease structure provides minimal landlord responsibilities and stable income of $30,000 annually ($22,990 NOI), equating to a 6.57% cap rate. Lease term runs through August 2027 with a two-year renewal option at market rent.

Inside
View Photo Inside
Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (89)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

East West Bank
Bank of America
Nation's Giant Hamburgers
Gyu-Kaku Japanese BBQ
U.S. Bank
Chase Bank
Starbucks
Pure Barre
Peet's Coffee
Citi
  • Listing ID: 39377879

  • Date on Market: 2/9/2026

  • Last Updated:

  • Address: 324 10th St, Oakland, CA 94607

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