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2911 Shattuck Ave 5,000 SF Retail Building Berkeley, CA 94705 $2,406,180 CAD ($481.24 CAD/SF) 6.03% Cap Rate



Investment Highlights
- Prime Berkeley location along the Shattuck Avenue commercial corridor
- Convenient access to Downtown Berkeley, Ashby BART, and major East Bay transportation routes
- ±4,440 SF flexible retail / creative commercial space
Executive Summary
SVN | Pacific Commercial Advisors is pleased to present 2911 Shattuck Avenue, a ±4,440 SF retail building located along Berkeley’s well-established Shattuck Avenue commercial corridor in South Berkeley.
The property features high ceilings, skylights providing abundant natural light, and large storefront windows, creating a distinctive environment well suited for a variety of uses, including retail, showroom, creative office, fitness studio, gallery, or neighborhood service businesses. The flexible interior layout offers the opportunity for an owner-user or investor to reposition the space and capitalize on the growing demand for character-driven commercial space in Berkeley.
Positioned along a highly visible commercial corridor and surrounded by dense residential neighborhoods, the property benefits from consistent neighborhood traffic and convenient access to Downtown Berkeley, Ashby BART, and major East Bay transportation routes.
The property features high ceilings, skylights providing abundant natural light, and large storefront windows, creating a distinctive environment well suited for a variety of uses, including retail, showroom, creative office, fitness studio, gallery, or neighborhood service businesses. The flexible interior layout offers the opportunity for an owner-user or investor to reposition the space and capitalize on the growing demand for character-driven commercial space in Berkeley.
Positioned along a highly visible commercial corridor and surrounded by dense residential neighborhoods, the property benefits from consistent neighborhood traffic and convenient access to Downtown Berkeley, Ashby BART, and major East Bay transportation routes.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1930/1991
Price
$2,406,180 CAD
Price Per SF
$481.24 CAD
Cap Rate
6.03%
NOI
$145,196 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
1.04
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
C-SA - Commercial Development
Parking
2 Spaces (0.4 Spaces per 1,000 SF Leased)
Frontage
78’ on Shattuck Ave
Amenities
- Mezzanine
- Wheelchair Accessible
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Wheelchairs Of Berkeley
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Wheelchairs Of Berkeley | Retailer | - | - | - |
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 053-1589-022-00 | Improvements Assessment | $1,083,548 CAD |
| Land Assessment | $451,478 CAD | Total Assessment | $1,535,026 CAD |
Property Taxes
Parcel Number
053-1589-022-00
Land Assessment
$451,478 CAD
Improvements Assessment
$1,083,548 CAD
Total Assessment
$1,535,026 CAD
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2911 Shattuck Ave
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