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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)

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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

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
Peet's Coffee
Starbucks
Safeway
Andronico's Community Markets
Bank of America
Bank of Montreal
Chase Bank
Mechanics Bank
Barney's Gourmet Hamburgers

PROPERTY TAXES

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
  • Listing ID: 29383853

  • Date on Market: 2023-08-28

  • Last Updated:

  • Address: 1409-1415 Martin Luther King Jr Way, Berkeley, CA 94709

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