1807 Martin Luther King Jr Way - Veterinarian/Kennel FOR SALE


Berkeley, CA 94709- North Berkeley
$2,200,000 USD
925-296-3305
1807 Martin Luther King Jr Way, Berkeley, CA for Sale
$2,200,000 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 5.06% Cap Rate

1807 Martin Luther King Jr Way
Berkeley, CA 94709
North Berkeley


HIGHLIGHTS

  • Rare ±3,728 SF mixed-use investment opportunity in North Berkeley.
  • Long-standing veterinary clinic tenant with over 10 years of operating history.
  • New veterinary lease extension plus additional 5-year option with a corporate backed guaranty
  • Two out of three residential units leased at market rents with historically strong occupancy.

OVERVIEW

Mixed-use property consisting of a ground-floor veterinary clinic and three residential units. The veterinary clinic has occupied the property for more than 10 years and recently executed a lease extension with an additional five-year option. The commercial space includes four dedicated parking spaces. The property is located on Martin Luther King Jr. Way across from Ohlone Park and Ohlone Dog Park and is near North Berkeley BART Station, University Avenue, and the University of California, Berkeley.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$863 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,830 SF

ZONING

-

APN/PARCEL ID

057-2057-013-00

ASK ABOUT THIS PROPERTY

Celine Mui Simon, CCIMTRI Commercial/CORFAC InternationalMore Info
925-296-3305

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Celine Mui Simon, CCIMTRI Commercial/CORFAC InternationalMore Info
925-296-3305

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