Historical Retail Sale Listing - The Granada at Sather Gate

Retail For Sale

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The Granada at Sather Gate

2510 Bancroft Way, Berkeley, CA 94704

The Granada Building

The Granada Building

  • N/A
  • 45,836 SF
  • Retail
  • Street Retail
  • Mid/High-Rise
  • Net Lease Investment with 5 years left on lease
  • 6.50%
  • Multiple
  • 0.39 SF
Last Verified  12/8/2010 Listing ID  16216107

Description

The Granada is an historic mixed-use retail and apartment building. It has 45,836SF on .388 acres and houses 9 retail tenants and 46 apartments. With its immediate proximity to Sather Gate & Sproul Plaza at the UC Berkeley campus, this building provides an excellent, safe and long-term investment. The adjacent retail Cafe Milano building is for sale as well - these may be purchased together or separately.

The Granada at Sather Gate is located directly across the street from the Cal Berkeley Student Union, Sproul Plaza and Sather Gate, the primary gathering place for the 35,000 Cal Berkeley students. The immediate proximity to Sather Gate and Sproul Plaza assures a solid, consistent and long-term customer base of students for the retail stores and apartments, thus providing an excellent safe, long-term investment.

Map of 2510 Bancroft Way, Berkeley, CA 94704 (Alameda County)

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Created 4/29/2009

Additional Information for 2510 Bancroft Way, Berkeley, CA 94704