1399 University Ave - Convenience Store FOR SALE


Berkeley, CA 94702- Northwest Berkeley
$3,400,000 USD
510-368-8347
1399 University Ave, Berkeley, CA for Sale
$3,400,000 USD
Convenience Store - FOR SALE
1/23
null | Request Cap Rate

1399 University Ave
Berkeley, CA 94702
Northwest Berkeley


HIGHLIGHTS

  • First time on the Market since 1940
  • Four Parcels
  • Ideal for an Owner-User or Developer Corner
  • Zoning: C-U (University Ave) & R-2A (Berkeley Ave)
  • Corner lot with a High Traffic Count
  • Business For Sale

OVERVIEW

Artizan Commercial Advisors presents 1399 University Ave & 1384, 1396 Berkeley Wy, Berkeley, CA 94702. This four parcel corner lot consists of one retail building +/-3,750 SF situated on a total lot size of +/-21,445 SF. The parcels on University Ave are zoned C-U and the Berkeley ave parcels are zoned R-2A. These two zoning codes allow for a wide range of mixed-use commercial and residential uses (buyer to verify). This opportunity is ideal for either an owneruser or developer to own a piece of Berkeley. The property is in a vibrant area surrounded by many retail shops and restaurants. Access to the main freeway (80) is a mile away making it easy to travel anywhere around the San Francisco Bay Area.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$907 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

057-2073-002-00,057-2073-003-00,057-2073-005-00

ASK ABOUT THIS PROPERTY

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510-368-8347

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Aziz KhatriKW Commercial OaklandMore Info
510-368-8347

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.