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238 9th St
Oakland, CA 94607 Chinatown

$395,000 USD

Loft Creative Space Condo For Sale  •  987 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 14,661 SF
  • Lot Size 0.12 AC
  • Building Class B
  • Year Built 1915
  • Tenancy Multiple
  • Zoning CC
100 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 238 9th St Office 987 SF $395,000 USD
  • Unit Size: 987 SF
  • Condo Use: Office
  • Price: $395,000 USD
  • Sale Type: Investment
  • Price/SF: $400.20 USD
Sale Notes
A rare chance to own income-producing real estate in Oakland's Downtown CBD — for under $400,000.

238 9th Street delivers a fully occupied, 987-square-foot massage shop inside a striking 1915 masonry building, home to an established massage and spa business operating on the ground floor under a lease running through 2030. Five minutes from Lake Merritt BART and rated 100/100 for both walkability and transit access, this isn't a speculative play — rent is already in place and contractually escalating at 3% every year with low HOA fees. That's growing cash flow from day one, priced in line with the most recent comparable sales inside this very building.

Transit-adjacent CBD condos with in-place income rarely come to market at this price point. 238 9th Street won't last.

Highlights

987 SF ground-floor office condominium.
Lease term extends through December 31, 2030.
Lease term extends through December 31, 2030.
Suitable for investors seeking stable cash flow with future rental growth potential.

Property Flyers

Amenities

  • 24 Hour Access
  • Wheelchair Accessible
  • Roof Terrace
  • Sky Terrace
  • Outdoor Seating
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 2 min 10 min 0.5 mi
Emeryville (California Zephyr - Amtrak, Capitol Corridor - Amtrak, Coast Starlight - Amtrak) 9 min - 5.3 mi
Transit/SubwayDriveWalkDistance
Lake Merritt Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART)) 1 min 5 min 0.3 mi
12Th Street / Oakland City Center (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 2 min 10 min 0.6 mi
19Th Street Oakland (Antioch to SFIA/Millbrae - Bay Area Rapid Transit (BART), Berryessa/North San Jose to Richmond - Bay Area Rapid Transit (BART), Millbrae/SFIA to Antioch - Bay Area Rapid Transit (BART), Millbrae/SFO to Richmond - Bay Area Rapid Transit (BART), Richmond to SFO/Millbrae - Bay Area Rapid Transit (BART)) 2 min 17 min 0.9 mi
AirportDriveWalkDistance
Metro Oakland International 14 min - 8.8 mi
San Francisco International 36 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Snow Bentley 415-823-8595 eXp Commercial
Snow Bentley 415-823-8595 eXp Commercial