745 5th St - Retail FOR SALE


Oakland, CA 94607- Jack London Square
$565,000 USD
415-328-0065
745 5th St, Oakland, CA for Sale
$565,000 USD
Retail - FOR SALE
1/23
null | 5.44% Cap Rate


HIGHLIGHTS

  • Fully occupied mixed-use building featuring a ground-floor commercial unit and an upstairs residential apartment.
  • Highly visible location near Jack London Square, the ferry terminal, and Amtrak station, with convenient access to I-880.
  • Ground-floor tenancy secured by Angel Cakes Bakery under a long-term commercial lease with scheduled rent increases and a 60-month extension option.
  • Historic property showcasing original architectural details, including stained glass windows, hardwood floors, and wood built-ins.

OVERVIEW

Originally part of the iconic Gingerbread House Creole restaurant complex, this historic two-unit building retains its original character throughout — stained glass windows, hardwood floors, and wood built-ins, recently repainted in its signature bright pink. The ground-floor commercial space is fully leased to Angel Cakes Bakery with three years remaining on the current lease and a 60-month extension option. The upstairs two-bedroom, one-bathroom residential unit is occupied by a long-term tenant. Both units are fully occupied. Investment Highlights Gross annual income: $48,000 NOI: $30,736 estimated* Long-term commercial lease with 60-month extension option Scheduled rent increases through 2028 Iconic, regionally recognized tenant with devoted Bay Area following Historic building with distinctive architectural character (and it's pink!) Steps from Jack London Square, ferry terminal, and Amtrak station Immediate I-880 freeway access The Opportunity Stable rent roll and a tenant whose community legacy ensures long-term occupancy, this asset offers a compelling story that simply cannot be replicated in the Jack London Development District. Information deemed reliable but not guaranteed. Buyer to verify all figures independently. Listed by Alliance Bay Realty DRE #01889236.

FOR SALE DETAILS

PRICE

$565,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bakery Building

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1906

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

871 SF

ZONING

Business Mix

APN/PARCEL ID

001-0115-001-00

ASK ABOUT THIS PROPERTY

Andrea WestAlliance Bay RealtyMore Info
415-328-0065

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Andrea WestAlliance Bay RealtyMore Info
415-328-0065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.