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700-706 Gilman St 713 - 1,605 SF Condo Units Offered at $350,000 - $900,000 Per Unit in Berkeley, CA 94710
Investment Highlights
- Located in The Tannery only a block off the new Gilman St off-ramp
- In addition to offering great identity and retail exposure, customers and clients will appreciate the easy access and plethora of visitor parking.
- These privately owned commercial condos sit at the corners of 4th Street. and Gilman Street, two of Berkeley’s most exciting and popular districts.
- The units are currently used together and are connected by an interior doorway but can be walled off and used separately if desired.
Executive Summary
The Tannery Lofts features Creative Office + Artist’s Lofts + Maker Space located at Gilman and 4th Street in the vibrant Gilman District in West Berkeley. The historic Tannery Building is filled with artists, makers and a diverse community of creative professionals. West Berkeley is the ideal office location due to its proximity to restaurants, shopping and breweries.
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- Offering Memorandum
3 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
700 Gilman:
- Ground floor retail/office unit
- Visibility and signage on Gilman St. corridor
- Level-in exclusive entry from parking lot
- Mostly open plan with additional break/flex room
- Finished concrete floors
- Private bathroom
- Easy customer parking (including two reserved spots)
HOA dues are $323.77per month
Sale Notes
Can be combined with unit 702 for a total of 1,605 SQF
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
Combination of both unit 700 and 702
| Sale Type | Investment or Owner User | No. Parking Spaces | 2 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
Description
702 Gilman:
- Second floor office unit
- Exclusive entry from parking lot
- Mostly open plan with separate conference room and storage room
- Vaulted ceilings and skylights
- Private bathroom
- Easy client parking (including two reserved spots)
HOA dues are $293.31 per month
Sale Notes
Can be combined with unit 700 for a total of 1,605 SQF
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 700 | 892 SF | Office/Retail | $550,000 ($616.59/SF) | - |
| Unit 700 & 702 | 1,605 SF | Office | $900,000 ($560.75/SF) | - |
| Unit 702 | 713 SF | Office | $350,000 ($490.88/SF) | - |
Unit 700
| Unit Size |
| 892 SF |
| Condo Use |
| Office/Retail |
| Price |
| $550,000 ($616.59/SF) |
| NOI |
| - |
Unit 700 & 702
| Unit Size |
| 1,605 SF |
| Condo Use |
| Office |
| Price |
| $900,000 ($560.75/SF) |
| NOI |
| - |
Unit 702
| Unit Size |
| 713 SF |
| Condo Use |
| Office |
| Price |
| $350,000 ($490.88/SF) |
| NOI |
| - |
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Unit 700
| Unit Size | 892 SF |
| Condo Use | Office/Retail |
| Price | $550,000 ($616.59/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| 700 Gilman:<br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li>Ground floor retail/office unit<br> </li><li>Visibility and signage on Gilman St. corridor<br> </li><li>Level-in exclusive entry from parking lot<br> </li><li>Mostly open plan with additional break/flex room<br> </li><li>Finished concrete floors<br> </li><li>Private bathroom<br> </li><li>Easy customer parking (including two reserved spots)<br> HOA dues are $323.77per month</li></ul> | |
| Sale Notes | |
| Can be combined with unit 702 for a total of 1,605 SQF</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 700 & 702
| Unit Size | 1,605 SF |
| Condo Use | Office |
| Price | $900,000 ($560.75/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| Combination of both unit 700 and 702</li></ul> |
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Matterport 3D Exterior
Matterport 3D Tour
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Street View
Street
Map
Unit 702
| Unit Size | 713 SF |
| Condo Use | Office |
| Price | $350,000 ($490.88/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
| Description | |
| 702 Gilman:<br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li>Second floor office unit<br> </li><li>Exclusive entry from parking lot<br> </li><li>Mostly open plan with separate conference room and storage room<br> </li><li>Vaulted ceilings and skylights<br> </li><li>Private bathroom<br> </li><li>Easy client parking (including two reserved spots)<br> HOA dues are $293.31 per month</li></ul> | |
| Sale Notes | |
| Can be combined with unit 700 for a total of 1,605 SQF</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,605 SF | Typical Floor Size | 803 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.14 AC |
| Building Class | C | Parking Ratio | 12.46/1,000 SF |
| Floors | 2 | ||
| Zoning | M, Berkeley | ||
| Total Building Size | 1,605 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 803 SF |
| Year Built | 1940 |
| Lot Size | 0.14 AC |
| Parking Ratio | 12.46/1,000 SF |
| Zoning | M, Berkeley |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
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700-706 Gilman St
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