2231-2237 Shattuck Ave - Office FOR SALE


Berkeley, CA 94704- Downtown Berkeley
$6,500,000 USD
510-926-9048
2231-2237 Shattuck Ave, Berkeley, CA for Sale
$6,500,000 USD
Office - FOR SALE
1/7
null | 5.21% Cap Rate

2231-2237 Shattuck Ave
Berkeley, CA 94704
Downtown Berkeley


OVERVIEW

With a prime location in downtown Berkeley, 2231 Shattuck is located only one block away from the prestigious campus of the University of California Berkeley. The building is centrally located with countless options for dining, shopping, and entertainment all within a short walk. Access to the Bay Area’s public transportation hub is readily available via the Downtown BART station, only two blocks away, affording easy commute options to San Francisco and the outlying regions. Downtown Berkeley enjoys historically low vacancy rates, based on its strong employment fundamentals and robust commercial activity. Properties in this area have historically demonstrated high intrinsic values and excellent investment returns. 2231 Shattuck is impeccably placed within the heart of this thriving community — and this is the first time this building has been put on the market in 40 years.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$433 USD /SF

CAP RATE

5.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C1

APN/PARCEL ID

057-2030-010-00

ASK ABOUT THIS PROPERTY

Quentin CarusoMarcus & MillichapMore Info
510-926-9048

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Quentin CarusoMarcus & MillichapMore Info
510-926-9048

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