200-222 Broadway
Oakland, CA 94607 Jack London Square

• Unit Size: 2,212 SF
• Condo Use: Retail
• Price: $774,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $349.91 USD

Description

Unit 200 is a 2,212-square-foot retail condominium located at the hard corner of Broadway and 2nd Street. Formerly occupied by Starbucks, the premises are delivered in “warm shell” condition with infrastructure including 400-amp electrical service and distributed HVAC.

Situated at the base of The Ellington residential tower, the unit offers high visibility to pedestrian traffic from the nearby Ferry Terminal and serves as a
primary retail frontage for the 134 luxury residences directly above.

Sale Notes

Corner Visibility: The proper ty occupies the hard corner of Broadway and 2nd Street, providing frontage on two high-traffic corridors within the district.

Existing Infrastructure: The unit retains significant tenant improvements from the previous national credit tenant, including electrical capacity and plumbing suitable for food and beverage operations.

Ideal Uses: Cafe, Fast Casual Dining, Real Estate/ Insurance Office, Optical/Medical Retail looking for high visibility.

Captive Residential Density: The location serves as the ground-floor retail anchor for The Ellington, a 16-story luxury tower comprising 134 residential
condominiums, creating an immediate customer base for daily needs and services.

District Market Trends: The Jack London District is experiencing positive economic momentum, evidenced by a reported 24% reduction in crime in
2025 and the scheduled opening of Dave & Buster’s in early 2026.

Minimal Down payment: Owner-users may qualify to purchase with up to a 95% LTV by utilizing a combination of transfer of in place loan, a small business loan, and seller financing. Sellers’ existing lender is open to transferring existing 50% LTV financing, subject to customer underwriting and lender approval.

• Unit Size: 4,000 SF
• Condo Use: Retail
• Price: $1,300,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $325.00 USD

Description

Units 202 & 204 comprise a total of 4,000 square feet, structured to accommodate an owner-user requirement. A pending lease is in place for
approximately 49% of the footprint, securing rental income to offset debt service and HOA expenses.

Sale Notes

Owner-User Structure: The asset allows a buyer to occupy approximately 51% while retaining a tenant for the balance of the space, reducing net occupancy costs.

Zoning Expansion (SB 304): Effective January 2026, new legislation permits Medical, Dental, and Personal Service uses on the ground floor, expanding the pool of eligible occupants to include healthcare and professional services.

Ideal Uses: Medical/Dental Clinic, Salon/Spa, Physical Therapy, or Brokerage. 

Validated Leasing Activity: The pending NNN lease on the tenant por tion establishes a market rental rate and demonstrates demand for the location

Proximity to Residential Base: The unit is positioned directly below The Ellington,
providing immediate access to residents of the 134-unit building who require local services.

Minimal Down payment: Owner-users may qualify to purchase with up to a 95% LTV by utilizing a combination of transfer of in place loan, a small business loan, and seller financing. Sellers’ existing lender is open to transferring existing 50% LTV financing, subject to customer underwriting and lender approval.

• Unit Size: 2,857 SF
• Condo Use: Retail
• Price: $714,000 USD
• Sale Type: Investment or Owner User
• Price/SF: $249.91 USD

Description

Unit 206 is a 2,857-square-foot commercial condominium currently occupied by Hesher’s Pizza. The unit features a full Type 1 commercial kitchen build-out, including venting infrastructure. Priced at $250 per square foot, the asset represents an acquisition basis below estimated replacement cost.

The proper ty generates immediate rental income, with the potential for future lease restructuring or owner operation.

Sale Notes

Low Cost Basis: At $250 per square foot, the asking price is significantly below the cost of new construction for comparable retail space

Culinary Infrastructure: The space is equipped with a Type 1 commercial hood and venting system, a critical and capital-intensive requirement for full-service restaurant operations

Income Generation: The proper ty is currently leased to Hesher’s Pizza, providing an immediate revenue stream

District Revitalization: Recent leasing momentum includes the return of Reem’s
California and the opening of Dave & Buster’s in 2026, driving increased foot traffic to the waterfront dining district

Ideal Uses: Restaurant, Bar/Taproom, Event Space. Already compliant with existing venting/kitchen infrastructure; no zoning change required for continued food service use

Minimal Down payment: Owner-users may qualify to purchase with up to a 95% LTV by utilizing a combination of transfer of in place loan, a small business loan, and seller financing. Sellers’ existing lender is open to transferring existing 50% LTV financing, subject to customer underwriting and lender approval.