1734-1740 University Ave
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1734-1740 University Ave
12,000 SF Retail Building Berkeley, CA 94703 $2,292,193 CAD ($191.02 CAD/SF)
INVESTMENT HIGHLIGHTS
- Excellent visibility on major thoroughfare with average daily traffic counts exceeding 36,000 (per CoStar).
EXECUTIVE SUMMARY
- Vacant two-story retail/office building with flexible layout options and high ceilings.
- Major value-add opportunity with significant upside potential for any buyer willing to endeavor on the rehab process.
- Small outdoor space at rear of the property
- 5 blocks to UC Berkeley Campus
- Walking distance to Downtown Berkeley BART, UC Theatre, Trader Joes, The Butcher’s Son, Sushi California, Rojbas Mediterranean Grill, and many other great dining options.
- Major value-add opportunity with significant upside potential for any buyer willing to endeavor on the rehab process.
- Small outdoor space at rear of the property
- 5 blocks to UC Berkeley Campus
- Walking distance to Downtown Berkeley BART, UC Theatre, Trader Joes, The Butcher’s Son, Sushi California, Rojbas Mediterranean Grill, and many other great dining options.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,000 SF
Building Class
C
Year Built
1931
Price
$2,292,193 CAD
Price Per SF
$191.02 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.74
Lot Size
0.16 AC
Zoning
C-U
Frontage
87’ on University Ave
Walk Score®
Walker's Paradise (95)
Bike Score®
Biker's Paradise (100)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 056-2011-022-00 | Improvements Assessment | $164,624 CAD |
| Land Assessment | $717,137 CAD | Total Assessment | $881,761 CAD |
PROPERTY TAXES
Parcel Number
056-2011-022-00
Land Assessment
$717,137 CAD
Improvements Assessment
$164,624 CAD
Total Assessment
$881,761 CAD
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1734-1740 University Ave
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