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1399 University Ave
Berkeley, CA 94702
Retail Property For Sale
Investment Highlights
- First time on the Market since 1940
- Ideal for an Owner-User or Developer Corner
- Corner lot with a High Traffic Count
- Four Parcels
- Zoning: C-U (University Ave) & R-2A (Berkeley Ave)
- Business For Sale
Executive Summary
Artizan Commercial Advisors presents 1399 University Ave & 1384, 1396 Berkeley Wy, Berkeley, CA 94702. This four parcel corner lot consists of one retail building +/-3,750 SF situated on a total lot size of +/-21,445 SF. The parcels on University Ave are zoned C-U and the Berkeley ave parcels are zoned R-2A. These two zoning codes allow for a wide range of mixed-use commercial and residential uses (buyer to verify). This opportunity is ideal for either an owneruser or developer to own a piece of Berkeley. The property is in a vibrant area surrounded by many retail shops and restaurants. Access to the main freeway (80) is a mile away making it easy to travel anywhere around the San Francisco Bay Area.
Property Facts Under Contract
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,750 SF
Building Class
C
Year Built
1930
Price
$4,763,604 CAD
Price Per SF
$1,270.29 CAD
Tenancy
Single
Building Height
1 Story
Parking
20 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
100’ on University Ave
Property Taxes
| Parcel Numbers | Improvements Assessment | $105,901 CAD | |
| Land Assessment | $1,428,319 CAD | Total Assessment | $1,534,220 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,428,319 CAD
Improvements Assessment
$105,901 CAD
Total Assessment
$1,534,220 CAD
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