823 Webster St - Storefront Retail/Office FOR SALE


Oakland, CA 94607- Chinatown
$1,995,000 USD
415-933-7893
823 Webster St, Oakland, CA for Sale
$1,995,000 USD
Storefront Retail/Office - FOR SALE
1/62
null | 6% Cap Rate

823 Webster St
Oakland, CA 94607
Chinatown


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Mixed Use building for optimal flexibility
  • Fully renovated building and move-in ready

OVERVIEW

Located in the heart of Oakland's Chinatown, this fully remodeled mixed-use building presents a rare opportunity to acquire a high-performing income asset in an iconic neighborhood. Rising three stories, the property combines five residential units with a prime ground-floor restaurant space, offering both stable cash flow and long-term upside. The unitstwo studios, two 1BR, and one 3BR/2BAhave been extensively renovated with upgraded electrical, new flooring, new appliances, and new paint, with several featuring private balconies. Three units are currently occupied, providing immediate income and strong upside as the others are leased. The ground-floor commercial space, formerly home to the Golden Peacock Restaurant for over 50 years, boasts prime Webster Street frontage, fresh paint, and unmatched visibility on a high-traffic corridor. The exterior has been updated for strong curb appeal, making the property turnkey for both residential and retail tenants. Surrounded by Chinatown's cultural richness and steady foot traffic, it sits next to the Renaissance Plaza, Asian Health Services/Hospitals and Stanford medical offices, and minutes from Oakland Financial District. The location also provides seamless access to BART, AC Transit, and HWY I-880, I-580, and the Bay Bridge.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Mixed Use

APN/PARCEL ID

001-0187-002-01,001-0187-009-00,001-0193-008-00

ASK ABOUT THIS PROPERTY

Susie LeeMetapointMore Info
415-933-7893

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Susie LeeMetapointMore Info
415-933-7893

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