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3451 International Blvd 8,000 SF 100% Leased Retail Building Oakland, CA 94601 $3,324,650 CAD ($415.58 CAD/SF)
Investment Highlights
- High-traffic shopping area in the Fruitvale District
- Easy access to BART, other transit options, and complementary businesses nearby
- Possible development with up to 7 story mixed use building on parking lot (exp: 5 story with 5 retail and 28 residential units)
- Excellent value-add opportunity by leasing newly built units and new fenced & gated parking lot for leasing parking spaces
- Opportunity Zone
Executive Summary
This building originally served as a bank but has been a multi-tenant retail building for over 30 years, with a pawn shop occupying the 2nd floor. The building owner, who also owned the pawn shop, has since retired and now leases half of the 2nd floor to a new pawn shop. The other half of the 2nd floor has been transformed into 7 new office/retail suites, accessible by an ADA lift or stairs. There is also an ADA bathroom on the 2nd floor.
On the 1st floor, Unit A is occupied by a long-standing check cashing/money transfer company. The former pawn shop owner is leasing back the bank vault, and 3 tenants occupy 5 suites in Unit C. Of the 16 parking spaces, 11 are now being leased separately, with only 5 included with suite leases.
This building offers significant value-add opportunities, including multi-family, commercial, or mixed-use development of the parking lot. An up to 7 story building with retail on the first floor and multi-family on the upper floors can be built on the currently parking lot. (See rendering in pictures) The property is located in am opportunity zone & a transit zone being only one block from BART and it is next door to the new housing development and the newly updated AC Transit International Blvd corridor.
The property will stabilize this year as two of the new units and two of the parking spaces have already been leased in the first 30 days of being available.
On the 1st floor, Unit A is occupied by a long-standing check cashing/money transfer company. The former pawn shop owner is leasing back the bank vault, and 3 tenants occupy 5 suites in Unit C. Of the 16 parking spaces, 11 are now being leased separately, with only 5 included with suite leases.
This building offers significant value-add opportunities, including multi-family, commercial, or mixed-use development of the parking lot. An up to 7 story building with retail on the first floor and multi-family on the upper floors can be built on the currently parking lot. (See rendering in pictures) The property is located in am opportunity zone & a transit zone being only one block from BART and it is next door to the new housing development and the newly updated AC Transit International Blvd corridor.
The property will stabilize this year as two of the new units and two of the parking spaces have already been leased in the first 30 days of being available.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built/Renovated
1956/2025
Price
$3,324,650 CAD
Price Per SF
$415.58 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.87
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
CN-2 , S-13 - Neighborhood Center Mixed Use. This zoning will allow for Mixed use Retail/Office/Multi-Family.
Parking
16 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
60’ on International Blvd
Amenities
- Fenced Lot
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Easy Money Pawn & Jewels
- Finance and Insurance
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- -
- -
- Ebqsalon
- Services
- -
- -
- -
- Latino's Express 1
- Finance and Insurance
- -
- -
- -
- Oakland Pawnbrokers
- -
- -
- -
- -
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- Information
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| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Easy Money Pawn & Jewels | Finance and Insurance | - | - | - | ||
| Ebqsalon | Services | - | - | - | ||
| Latino's Express 1 | Finance and Insurance | - | - | - | ||
| Oakland Pawnbrokers | - | - | - | - | ||
|
|
Information | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (75)
Bike Score®
Very Bikeable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 033-2196-007-01 | Improvements Assessment | $697,225 CAD |
| Land Assessment | $177,860 CAD | Total Assessment | $875,085 CAD |
Property Taxes
Parcel Number
033-2196-007-01
Land Assessment
$177,860 CAD
Improvements Assessment
$697,225 CAD
Total Assessment
$875,085 CAD
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3451 International Blvd
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