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2520 Milvia St 2,339 SF 100% Leased Office Building Berkeley, CA 94704 $2,023,185 CAD ($864.98 CAD/SF)
Investment Highlights
- Fully renovated
- Perfect for investor or owner occupant
- Less than 1 mile to campus
Executive Summary
2520 Milvia has been substantially renovated over the past several years, and the work was broad enough that the building suits more than one use. The dorm style layout leases into a campus market where 45,882 students compete for housing and the university houses only 24 percent of them, and the same floor plan reads as medical or professional office with generous common area. Every room is vacant, so the next owner sets the use, a secured surface lot sits behind the building and a basement carries storage space below.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,339 SF
Building Class
C
Year Built/Renovated
1940/1960
Price
$2,023,185 CAD
Price Per SF
$864.98 CAD
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,170 SF
Building FAR
0.45
Lot Size
0.12 AC
Opportunity Zone
Yes
Parking
4 Spaces (1.71 Spaces per 1,000 SF Leased)
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Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 055-1816-001-00 | Improvements Assessment | $1,377,885 CAD |
| Land Assessment | $590,522 CAD | Total Assessment | $1,968,407 CAD |
Property Taxes
Parcel Number
055-1816-001-00
Land Assessment
$590,522 CAD
Improvements Assessment
$1,377,885 CAD
Total Assessment
$1,968,407 CAD
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2520 Milvia St
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