1734-1740 University Ave
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1734-1740 University Ave
12,000 SF Retail Building Berkeley, CA 94703 £1,332,533 (£111/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
£1,332,533
Price Per SF
£111
Tenancy
Single
Number of Floors
2
Building FAR
1.74
Land Acres
0.16 AC
Zoning
C-U
Frontage
87 ft on University Ave
Walk Score ®
Walker's Paradise (96)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 056-2011-022-00 | Improvements Assessment | £90,044 |
Land Assessment | £392,249 | Total Assessment | £482,293 |
PROPERTY TAXES
Parcel Number
056-2011-022-00
Land Assessment
£392,249
Improvements Assessment
£90,044
Total Assessment
£482,293
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1734-1740 University Ave
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