Retail Property for Sale in Berkeley California 94710
982 University Ave, Berkeley, California 94710
$1,198,000
$349 / sq ft Listed Dec 27, 2024
3,436 sqft
Building
3,436 sqft
Lot
1893
Built
1
Stories
3
Units
Class C
Class
About this property
Retail Property for Sale in Berkeley California 94710 is a retail for sale in Berkeley, California, listed at $1,198,000. Key details: year built 1893, building size 3,436 sqft, lot size 3,436 sqft, stories 1. Listed by Brian Merrion of ExpCommercial on LoopingCloud and last updated December 27, 2024.
This mixed-use property features a turn-key restaurant space on the ground floor, complete with a partially equipped kitchen and historically significant bar, ideal for restaurateurs looking to launch or expand in Berkeley's vibrant market. The upper floor includes two spacious 1-bedroom apartments (rented at $1900 & $1700 per month), providing additional rental income in a high-demand area. Both units offer bright, comfortable living spaces. There is also a large storage structure behind the property on a decent size back yard. Located on a bustling stretch of University Avenue, the property is just minutes from UC Berkeley, local transit, and a variety of shops, dining, and amenities, ensuring a steady flow of foot traffic and potential clientele. Whether you're an investor, owner-operator, or developer, this property offers immediate income potential and a prime location in the heart of Berkeley.
Key highlights
- Spacious interior layout
- Excellent visibility
- Architectural character and charm
- Well-maintained historic features
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1893
- Building Size
- 3,436 sqft
- Lot Size
- 3,436 sqft
- Stories
- 1
- Total Units
- 3
- Building Class
- Class C
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Vacant investment property
Investment snapshot
$349
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,198,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Spacious interior layout
- Excellent visibility
- Architectural character and charm
- Well-maintained historic features
Location
Address as shown by the lister.
Get directionsAbout this area - Berkeley
- Population
- 8,149
- Housing units
- 3,458
- Land area
- 2.2 sq mi
- County
- Alameda
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Frequently asked questions
What is the asking price of Retail Property for Sale in Berkeley California 94710?
Retail Property for Sale in Berkeley California 94710 is listed at $1,198,000. That works out to about $349 per square foot.
Where is Retail Property for Sale in Berkeley California 94710 located?
The property is in 982 University Ave, Berkeley, California 94710, Alameda County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 3,436 sqft. The lot is 3,436 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brian Merrion of ExpCommercial listed this property. Use the Request Info button to send a message or call (415) 802-1400.
When was this listing published?
It was published on December 27, 2024 and last updated on December 27, 2024.
Listing information
- Listing ID
- CL-California-13372
- Published
- Dec 27, 2024
- Last updated
- Dec 27, 2024
- Views
- 298
Report a problem with this listing
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