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2231-2237 Shattuck Ave
Berkeley, CA 94704
Office Property For Sale
EXECUTIVE SUMMARY
With a prime location in downtown Berkeley, 2231 Shattuck is located only one block away from the prestigious campus of the University of California Berkeley. The
building is centrally located with countless options for dining, shopping, and entertainment all within a short walk. Access to the Bay Area’s public transportation
hub is readily available via the Downtown BART station, only two blocks away, affording easy commute options to San Francisco and the outlying regions.
Downtown Berkeley enjoys historically low vacancy rates, based on its strong employment fundamentals and robust commercial activity. Properties in this
area have historically demonstrated high intrinsic values and excellent investment returns. 2231 Shattuck is impeccably placed within the heart of this thriving
community — and this is the first time this building has been put on the market in 40 years.
building is centrally located with countless options for dining, shopping, and entertainment all within a short walk. Access to the Bay Area’s public transportation
hub is readily available via the Downtown BART station, only two blocks away, affording easy commute options to San Francisco and the outlying regions.
Downtown Berkeley enjoys historically low vacancy rates, based on its strong employment fundamentals and robust commercial activity. Properties in this
area have historically demonstrated high intrinsic values and excellent investment returns. 2231 Shattuck is impeccably placed within the heart of this thriving
community — and this is the first time this building has been put on the market in 40 years.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
15,000 SF
Building Class
B
Year Built
1917
Price
$9,043,060 CAD
Price Per SF
$602.87 CAD
Cap Rate
5.21%
NOI
$471,143 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,000 SF
Building FAR
2.65
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-1
AMENITIES
- Metro/Subway
- Signage
- High Ceilings
- Natural Light
PROPERTY TAXES
| Parcel Number | 057-2030-010-00 | Improvements Assessment | $1,647,876 CAD |
| Land Assessment | $637,763 CAD | Total Assessment | $2,285,639 CAD |
PROPERTY TAXES
Parcel Number
057-2030-010-00
Land Assessment
$637,763 CAD
Improvements Assessment
$1,647,876 CAD
Total Assessment
$2,285,639 CAD
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