Piedmont Avenue is high on the list of Oakland's top food and retail destinations. The community of Piedmont is affluent, with a median household income of over $225,000. The area is sandwiched by all of Oakland's top hot spots, such as Rockridge, Montclair and Lakeshore. The list of top food and beverage concepts include Mago, Commis, Pommet, Pomela, The Wolf, Blue Bottle Coffee and so much more.
This is a rare opportunity to expand an existing food service space with the neighboring retail space. The owners are seeking a top tier food concept or restaurant group to design and execute a new layout for these two available spaces. The existing food service space is ~500SF, and has a Type 1 Hood as well as some existing restaurant infrastructure. The neighboring available space is ~700SF, and was previously a salon. The space is open, airy and well lit. Combining the spaces will also present the opportunity to use the back parking area and space, for other uses such as adding a patio.
The incoming tenant and concept will have to execute the design, permitting and execution of creating a new restaurant or exciting food concept within these spaces. The landlord will support this through abated rents. The interest in this location and opportunity to add square feet to the existing cafe space will be high, so reach out now!
We are seeking an exciting concept and vision for this wonderful Piedmont Avenue space.
- Current OwnerN/A
- Reason For SaleNone
- SeatingContact For Info
- Square Feet~1300 + Parking/Back Area
- ParkingEasy Free and Metered Street Parking
- LicensesFood service, business lic and applicable ABC License
- Open HoursUp To Tenant
- Expiration5-10 year lease available plus Options
- Yearly Increase3-4%
- OptionYES - New Lease for New Owner
- Deposit2-3 Month Rent
- Monthly RevenueN/A
- Monthly Cash FlowN/A
- Annual RevenueN/A
- Annual Cash FlowN/A
- Down PaymentContact For Info
- Note BalanceContact For Info
- Terms of NoteContact For Info
- All CashContact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.