This exceptional 1,028 square foot retail space is situated on the ground floor of the prestigious California Bank & Trust Building in the heart of downtown Oakland, perfectly positioned between Broadway and Harrison Street. The property boasts a stunning white interior design, abundant natural light from expansive windows, and is move-in ready. This second-generation space comes complete with existing fixtures, making it an ideal location for a cafe, deli, or similar business. The building itself is a landmark in the area, offering high visibility and foot traffic. The entire building totals 20,493 square feet, with only 1,028 square feet currently vacant. The property sits on a 0.67-acre lot in Alameda County, California, offering convenient access to major transportation routes and a thriving urban environment. The address is 2001 Franklin Street, Oakland, CA 94612. This is a rare opportunity to secure a highly desirable retail space in a prime downtown location. The property's attractive features and convenient location make it an excellent investment opportunity for a discerning business owner. The space is ready for immediate occupancy.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,316,010
6.5%
$8,599,390
7%
$7,985,150
Comparable approach
Method
Valuation
Relative Method
$7,138,520
Geo Method
$5,944,330
Alternative Use
Use
Valuation
Industrial / Distribution
$17,558,100
Mixed-Use / Specialty
$8,250,120
Hospitality / Lodging
$5,638,040
Office
$7,869,260
Institutional / Educational
$8,462,930
Residential Income
$9,901,630
Multifamily
$13,641,800
Automotive / Energy
$7,253,940
Parking / Income-Based Land
$2,818,030
Restaurant / Food Service
$3,610,980
Healthcare / Senior Housing
$8,787,080
Location Insight
City
Oakland
County
Alameda
State
California
Latitude
37.8091
Longitude
-122.267
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Franklin St Oakland, CA 94612
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Franklin St Oakland, CA 94612
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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