2520 8th St - Parking Lots & Garages FOR SALE


Berkeley, CA 94710- Southwest Berkeley
$10,000,000 USD
510-543-7822
2520 8th St, Berkeley, CA for Sale
$10,000,000 USD
Parking Lots & Garages - FOR SALE
1/3
null | Request Cap Rate

2520 8th St
Berkeley, CA 94710
Southwest Berkeley


HIGHLIGHTS

  • Fenced Secured Parking Lot in very good condition with development potential for industrial building

OVERVIEW

Newmark is pleased to offer for sale a fee simple interest in an improved ± 2.59 acre land parcel located at 2520 8th Street in Berkeley, CA. The property is fully secured and fenced, with an automatic security gate, paved and striped parking for 247 parking stalls, landscaping and lighting. There is a parking license agreement in place covering 60 spaces, which provides approximately $103,000.00 in annual income for the property.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

247

LAND DETAILS

LAND ACRES

2.6 AC

LAND SF

113,378 SF

ZONING

-

APN/PARCEL ID

054-1777-001-00

ASK ABOUT THIS PROPERTY

Stephen KappNewmarkMore Info
510-543-7822

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Stephen KappNewmarkMore Info
510-543-7822

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