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North Berkeley Building with High Visibility 1409-1415 Martin Luther King Jr Way 4,200 SF 100% Leased Retail Building Berkeley, CA 94709 $1,744,900 CAD ($415.45 CAD/SF)



INVESTMENT HIGHLIGHTS
- 4 retail spaces with high ceilings, many with skylights
- Excellent visibility – near high-traffic count, signalized corner of MLK Jr. Way and Rose Street
- 2 blocks to North Berkeley’s famous culinary neighborhood filled with popular cafés and shops
- All spaces currently leased
- Adjacent to Mr. Mopps’ Toy Shop, and across from FatApple’s Restaurant & Bakery
- Easy street parking, and near weekly Farmer’s Market (every Thursday)
EXECUTIVE SUMMARY
Fully leased investment. Rare neighborhood commercial building, with excellent visibility – near high-vehicle count, signalized corner of MLK Jr. Way and Rose Street.
SQUARE FOOTAGE: ±3,500 (per county records)
LOT SIZE: ±4,500 (per county records)
APN: 059-2269-32
YEAR BUILT: 1925
• 4 COMMERCIAL SPACES:
1409: ±1,320 RSF
1411: ±425 RSF
1413: ±425 RSF
1415: ±1,058 RSF
• All units currently leased
• 50' of street frontage on busy MLK Jr. Way. Single story building. Wood frame with stucco construction
• 4 retail spaces:
- High ceilings
- Many with skylights
- Partial renovation completed in 2011; adding 2 ADA restrooms
- 3 spaces currently leased
• Electricity separately metered
• Single water meter
• Adjacent to Mr. Mopps’ Toy Shop, and across from FatApple’s Restaurant & Bakery
• Just 2 blocks to North Shattuck’s culinary destinations and boutique shops
• 2 blocks to North Berkeley’s famous culinary neighborhood filled with popular cafés and shops sharing an emphasis on quality, artisan products and services
• Close to Walnut Square shops with the original Peet's Coffee, The Walk Shop, Bryn Walker, A Priori, Dimples, and Healthy Spot Pet Store
• .8 mile to Downtown BART Plaza and UC Berkeley campus
• .7 mile to North Berkeley BART
• Easy street parking
• Near weekly Farmer’s Market (every Thursday)
• High traffic count on MLK Jr. Way (at Vine Street) is 22,531
SQUARE FOOTAGE: ±3,500 (per county records)
LOT SIZE: ±4,500 (per county records)
APN: 059-2269-32
YEAR BUILT: 1925
• 4 COMMERCIAL SPACES:
1409: ±1,320 RSF
1411: ±425 RSF
1413: ±425 RSF
1415: ±1,058 RSF
• All units currently leased
• 50' of street frontage on busy MLK Jr. Way. Single story building. Wood frame with stucco construction
• 4 retail spaces:
- High ceilings
- Many with skylights
- Partial renovation completed in 2011; adding 2 ADA restrooms
- 3 spaces currently leased
• Electricity separately metered
• Single water meter
• Adjacent to Mr. Mopps’ Toy Shop, and across from FatApple’s Restaurant & Bakery
• Just 2 blocks to North Shattuck’s culinary destinations and boutique shops
• 2 blocks to North Berkeley’s famous culinary neighborhood filled with popular cafés and shops sharing an emphasis on quality, artisan products and services
• Close to Walnut Square shops with the original Peet's Coffee, The Walk Shop, Bryn Walker, A Priori, Dimples, and Healthy Spot Pet Store
• .8 mile to Downtown BART Plaza and UC Berkeley campus
• .7 mile to North Berkeley BART
• Easy street parking
• Near weekly Farmer’s Market (every Thursday)
• High traffic count on MLK Jr. Way (at Vine Street) is 22,531
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,200 SF
Building Class
C
Year Built
1925
Price
$1,744,900 CAD
Price Per SF
$415.45 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.11 AC
Zoning
C-N
Frontage
50’ on Martin Luther King Jr Way
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
- Skylights
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 059-2269-001-00 | Improvements Assessment | $563,334 CAD |
| Land Assessment | $1,021,713 CAD | Total Assessment | $1,585,046 CAD |
PROPERTY TAXES
Parcel Number
059-2269-001-00
Land Assessment
$1,021,713 CAD
Improvements Assessment
$563,334 CAD
Total Assessment
$1,585,046 CAD
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North Berkeley Building with High Visibility | 1409-1415 Martin Luther King Jr Way
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