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1111 University Ave 3,497 SF Vacant Retail Building Berkeley, CA 94702 $5,070,517 CAD ($1,449.96 CAD/SF)
Investment Highlights
- Massive traffic count
- Density bonus
- City of Berkeley gateway to UC
Executive Summary
Huge development opportunity on the road to UC Berkeley. Perfectly situated between Interstate 80 and Cal Berkeley. Zoned C-U with a small portion in R-4. Or, this is a great re-use project for an owner/user.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,497 SF
Building Class
C
Year Built
1939
Price
$5,070,517 CAD
Price Per SF
$1,449.96 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.48 AC
Zoning
C-U - Zoned C-U with a smaller portion in R-4, Node and density bonus available, Large nearly level lot. High traffic, gateway to the City of Berkeley.
Parking
25 Spaces (7.15 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 057-2085-026-00 | Improvements Assessment | $351,729 CAD |
| Land Assessment | $1,333,205 CAD | Total Assessment | $1,684,934 CAD |
Property Taxes
Parcel Number
057-2085-026-00
Land Assessment
$1,333,205 CAD
Improvements Assessment
$351,729 CAD
Total Assessment
$1,684,934 CAD
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1111 University Ave
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