380 17Th StOakland, CA 94612

Prime Downtown Oakland location at 380 17th Street, this 1,400 square foot restaurant presents a fantastic opportunity for an owner-operator. The property boasts a fully equipped kitchen featuring a Type 1 hood, a furnished dining room, and a mezzanine level offering additional seating or storage space. The existing lease is below market rate and has a significant term remaining. This Class B building is situated in a vibrant and walkable neighborhood, surrounded by new apartment complexes, cafes, restaurants, and local retailers. Its convenient location offers easy access to BART, enhancing its appeal to both employees and customers. The sale includes all furniture, fixtures, and equipment (FF&E), along with a valuable Type 41 beer and wine license. The property also allows for the installation of a new parklet, aligning with Oakland's updated guidelines. At an asking price of $190,000, this represents an exceptional value at $135.71 per square foot. This turnkey operation is ready for a new owner to step in and begin generating revenue immediately. The property is offered for sale by owner.