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1941 University Ave 4,467 SF 100% Leased Retail Building Berkeley, CA 94704 $2,950,000 ($660.40/SF)
INVESTMENT HIGHLIGHTS
- On busy University Ave. with high foot traffic every day
- 0.4 Miles to Downtown Berkeley BART
- Close to public transportation and convenient to S.F. Bay Area
- Easy access to BART,UC Berkeley and Freeways
- 0.6 Miles to Downtown and UC Berkeley
EXECUTIVE SUMMARY
Prime location. Great development opportunity near UC Berkeley. Mixed use available. Each floor should makes 5units at least 800-850sqft per unit upto 5th floors.100% Leased with 2 NNN Tenants and one gross rent.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,467 SF
Building Class
B
Year Built
1924
Price
$2,950,000
Price Per SF
$660.40
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.11 AC
Zoning
CM - The purpose of the C-DMU district is to implement the vision and goals of the Downtown Area Plan (adopted 2012), which include: Environmental Sustaina
Frontage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 057-2059-006-00 | Improvements Assessment | $1,563,852 |
| Land Assessment | $554,121 | Total Assessment | $2,117,973 |
PROPERTY TAXES
Parcel Number
057-2059-006-00
Land Assessment
$554,121
Improvements Assessment
$1,563,852
Total Assessment
$2,117,973
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1941 University Ave
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