Listed by Matthews
$4,750,000
421 23rd Avenue
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 29,191
Year Built 1977
Year Renovated 2020
Acreage 0.670
Ground Lease No
Sale Condition For sale by owner
Owner/User Opportunity : High-Volume Gas Station & C-Store in Oakland's Prime Corridor
Investment highlights
• 2025: ~70k gallons per month.
• 2025: ~$48k per month in C-Store.
• $4,000/ Month in Sublease Rental Income.
• ±25,085 daily traffic on 23rd Ave/ Kennedy St.
• Tanks from 1998, Double Wall Fiberglass.
• 6 MPD's.
• Current tenant occupancy extends through October, with potential for early lease termination upon securing a qualified buyer.
• Tenant will be removing dispensers and c-store furnishings upon vacating; these assets are available for separate acquisition at a depreciated value.
• Station will be delivered unbranded
Listing Contacts
Listed by Matthews
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