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900-920 Alice St 987 SF Office Condo Unit Offered at $395,000 in Oakland, CA 94607
Investment Highlights
- 987 SF ground-floor office condominium.
- Lease term extends through December 31, 2030.
- Lease term extends through December 31, 2030.
- Suitable for investors seeking stable cash flow with future rental growth potential.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
A rare chance to own income-producing real estate in Oakland's Downtown CBD — for under $400,000.
238 9th Street delivers a fully occupied, 987-square-foot massage shop inside a striking 1915 masonry building, home to an established massage and spa business operating on the ground floor under a lease running through 2030. Five minutes from Lake Merritt BART and rated 100/100 for both walkability and transit access, this isn't a speculative play — rent is already in place and contractually escalating at 3% every year with low HOA fees. That's growing cash flow from day one, priced in line with the most recent comparable sales inside this very building.
Transit-adjacent CBD condos with in-place income rarely come to market at this price point. 238 9th Street won't last.
238 9th Street delivers a fully occupied, 987-square-foot massage shop inside a striking 1915 masonry building, home to an established massage and spa business operating on the ground floor under a lease running through 2030. Five minutes from Lake Merritt BART and rated 100/100 for both walkability and transit access, this isn't a speculative play — rent is already in place and contractually escalating at 3% every year with low HOA fees. That's growing cash flow from day one, priced in line with the most recent comparable sales inside this very building.
Transit-adjacent CBD condos with in-place income rarely come to market at this price point. 238 9th Street won't last.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 238 9th St | 987 SF | Office | $395,000 ($400.20/SF) | - |
Unit 238 9th St
| Unit Size |
| 987 SF |
| Condo Use |
| Office |
| Price |
| $395,000 ($400.20/SF) |
| NOI |
| - |
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Unit 238 9th St
| Unit Size | 987 SF |
| Condo Use | Office |
| Price | $395,000 ($400.20/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| A rare chance to own income-producing real estate in Oakland's Downtown CBD — for under $400,000.<br> <br> 238 9th Street delivers a fully occupied, 987-square-foot massage shop inside a striking 1915 masonry building, home to an established massage and spa business operating on the ground floor under a lease running through 2030. Five minutes from Lake Merritt BART and rated 100/100 for both walkability and transit access, this isn't a speculative play — rent is already in place and contractually escalating at 3% every year with low HOA fees. That's growing cash flow from day one, priced in line with the most recent comparable sales inside this very building.<br> <br> Transit-adjacent CBD condos with in-place income rarely come to market at this price point. 238 9th Street won't last.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 14,661 SF | Typical Floor Size | 2,932 SF |
| Property Type | Office (Condo) | Year Built | 1915 |
| Property Subtype | Loft/Creative Space | Lot Size | 0.12 AC |
| Building Class | B | Parking Ratio | 0.07/1,000 SF |
| Floors | 5 | Opportunity Zone |
Yes
|
| Zoning | CC - Community Commercial- D-4 | ||
| Total Building Size | 14,661 SF |
| Property Type | Office (Condo) |
| Property Subtype | Loft/Creative Space |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 2,932 SF |
| Year Built | 1915 |
| Lot Size | 0.12 AC |
| Parking Ratio | 0.07/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CC - Community Commercial- D-4 |
Amenities
- 24 Hour Access
- Wheelchair Accessible
- Roof Terrace
- Sky Terrace
- Outdoor Seating
- Air Conditioning
- Balcony
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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900-920 Alice St
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