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1941 University Ave 4,467 SF 100% Leased Retail Building Berkeley, CA 94704 $4,115,840 CAD ($921.39 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • On busy University Ave. with high foot traffic every day
  • 0.4 Miles to Downtown Berkeley BART
  • Close to public transportation and convenient to S.F. Bay Area
  • Easy access to BART,UC Berkeley and Freeways
  • 0.6 Miles to Downtown and UC Berkeley

EXECUTIVE SUMMARY

Prime location. Great development opportunity near UC Berkeley. Mixed use available. Each floor should makes 5units at least 800-850sqft per unit upto 5th floors.100% Leased with 2 NNN Tenants and one gross rent.

PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,467 SF
Building Class
B
Year Built
1924
Price
$4,115,840 CAD
Price Per SF
$921.39 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.11 AC
Zoning
CM - The purpose of the C-DMU district is to implement the vision and goals of the Downtown Area Plan (adopted 2012), which include: Environmental Sustaina
Frontage
132’ on Bonita Ave
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (98)
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

Blue Bottle Coffee
Chase Bank
Bank of America
Patelco Credit Union
Charles Schwab
Citi
MIXT
The Halal Guys
Kura Sushi
Tender Greens

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
057-2059-006-00
Land Assessment
$781,366 CAD
Improvements Assessment
$2,205,188 CAD
Total Assessment
$2,986,554 CAD
  • Listing ID: 28127469

  • Date on Market: 2023-04-03

  • Last Updated:

  • Address: 1941 University Ave, Berkeley, CA 94704

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