For Sale
$1,750,000

296 Hegenberger RdOakland, CA 94621

Prime Oakland location, fully equipped, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional opportunity presents a 3,850 square foot, fee-simple owned restaurant and bar located at 296 Hegenberger Road, Oakland, CA 94621. The property, built in 1961 and extensively renovated in 2005, boasts a Class B rating and sits on a large 14,500 square foot corner lot with 22 parking spaces. Currently operating as a Japanese restaurant with a full bar and patio, the sale includes all existing kitchen equipment. The property benefits from a highly visible location on Hegenberger Road, a four-way signalized intersection, and enjoys significant daily traffic counts (40,046 average). Its proximity to Oakland International Airport (11,146,229 passengers in 2022) ensures a consistent flow of customers. The property is zoned CR-1 (Commercial Regional), offering considerable redevelopment potential. The single-tenant building is currently 100% occupied, with occupancy dating back to December 31, 2021. A Type 47 Alcoholic Beverage License is also available for sale, adding significant value to this already lucrative investment. This owner-user opportunity presents a compelling combination of established income and future growth potential in a prime Oakland location. The asking price is $1,750,000.

Highlights

  • High-traffic corner location at a signalized intersection, minutes from Oakland International Airport.
  • Turnkey Japanese restaurant with full bar, patio, and existing kitchen equipment; Type 47 Alcoholic Beverage License available.
  • Recently remodeled and well-maintained building interior.
  • Excellent visibility and frontage on Hegenberger Road (40,046 AADT).
  • Commercial Regional (CR-1) zoning allows for diverse redevelopment options.
  • Large lot with ample parking (22 spaces total, including 2 handicapped).

Property Details for 296 Hegenberger Rd

Property type
Retail properties, Restaurants
Square Feet
3,850 SF
Class
B
Year Built/Renovated
1961/2005
Buildings
1
Stories
1
Units
1

Location Insight

City
Oakland
County
Alameda
State
California
Latitude
37.7338966
Longitude
-122.1975963
296 Hegenberger Rd, Oakland, California

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296 Hegenberger Rd
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