9639 International Blvd Oakland, CA 94603

This exceptional investment opportunity presents a thriving mixed-use property located at 9639 International Blvd, Oakland, CA 94603. The 2,630 square foot building, constructed in 1910, sits on a 2,500 square foot lot and includes a successful, established deli operating for 35 years, boasting stellar customer reviews. The property also features multifamily residential components. The asking price is $1,100,000, representing a current cap rate of 4.56% and a pro-forma cap rate of 6.41%, indicating significant upside potential. Recent improvements include a new sewer lateral, updated electrical wiring and panels, double-pane vinyl windows for enhanced insulation, tankless water heaters, sub-floor and flooring enhancements, and a new parking and side fence. The property offers convenient access to major freeways (580 and 880) and ample parking with a 3-car space in the rear. The location benefits from a strong retail presence in the immediate vicinity, including a fire department. This is a rare chance to acquire a cash-flowing asset with both immediate income and long-term growth prospects in a desirable Oakland location. The property's blend of established business and residential components makes it an attractive investment for owner-users seeking a combination of income and operational control.