1514-1516 University Ave - Storefront FOR SALE


Berkeley, CA 94703- Downtown Berkeley
$1,380,000 USD
510-903-7612
1514-1516 University Ave, Berkeley, CA for Sale
$1,380,000 USD
Storefront - FOR SALE
1/11
null | Request Cap Rate

1514-1516 University Ave
Berkeley, CA 94703
Downtown Berkeley


HIGHLIGHTS

  • Retail Investment Opportunity in the Heart of Berkeley
  • Fully Leased to Two Established Tenants
  • Future Redevelopment/Owner-User Potential
  • Property has strong visibility and frontage on University Avenue
  • Easy Access to BART and Freeways
  • Rent Roll and Expenses Can be Provided

OVERVIEW

Located along University Avenue, the asset benefits from strong visibility and consistent pedestrian and vehicular traffic. The property features multiple storefronts, providing diversified tenancy and income security. Its proximity to Downtown Berkeley and major transit options enhances long-term value. Investors will appreciate the established location and steady cash flow potential. This retail property provides excellent exposure to University Avenue’s active commercial environment. The building offers a single-story layout with multiple storefronts, accommodating a range of retail uses. Tenants benefit from convenient access to BART stations, major bus lines, and nearby freeways. The surrounding area includes a mix of restaurants, shops, and services, creating a vibrant business ecosystem. Ample street frontage ensures strong branding opportunities for occupants. The property’s location near Downtown Berkeley and UC Berkeley drives consistent customer traffic. This site is well-suited for businesses seeking visibility and connectivity in a dynamic urban setting.

FOR SALE DETAILS

PRICE

$1,380,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C-1

APN/PARCEL ID

056-2003-020-01

ASK ABOUT THIS PROPERTY

Joe McGlynnLee & AssociatesMore Info
510-903-7612

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Joe McGlynnLee & AssociatesMore Info
510-903-7612

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