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5526 Martin Luther King Jr Way 3,200 SF Retail Building Oakland, CA 94609 For Sale



Executive Summary
Rare Opportunity with Seller Financing Available, Owner User or Investments in North Oakland, It contains two Spaces side by side, One Space is suitable for (Retail/Office/Showroom or Warehouse) and the other Unit is Restaurant Related, Higher CAP Rate with Positive Cash flow, Call the Listing Broker for details, situated in high Traffic Area, great exposure in Prime Location, 100% Vacant, take over the Restaurant and Equipment of a Second generation Established Restaurant and Cocktail Bar(Currently without Alcoholic License and Must Apply). Busy Traffic, Great Visibility. This storefront building is ideal for an owner-user or investor. Built in 1910, the property features two units (A & B) and sits on a 0.10-acre lot with 61’ frontage on Martin Luther King Jr Way. Its prime location boasts a Walk Score of 91 and Bike Score of 100, ensuring excellent accessibility for customers and staff.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,200 SF
Building Class
C
Year Built
1910
NOI
$95,954
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.10 AC
Frontage
61’ on Martin Luther King Jr Way
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 014-1209-019-01 | Improvements Assessment | $171,613 |
| Land Assessment | $275,807 | Total Assessment | $447,420 |
Property Taxes
Parcel Number
014-1209-019-01
Land Assessment
$275,807
Improvements Assessment
$171,613
Total Assessment
$447,420
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5526 Martin Luther King Jr Way
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