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Shattuck Retail 2200-2240 Shattuck Ave

29,187 SF 7% Leased 4-Star Retail Building Berkeley, CA 94704 £6,259,600 (£214/SF)

Investment Highlights

  • RARE REPOSITIONING OPPORTUNITY
  • HIGH BARRIERS TO ENTRY
  • HISTORIC BUILDING OPPORTUNITY & MILLS ACT TAX REDUCTION
  • IRREPLACEABLE BAY AREA TRANSIT-ORIENTED LOCATION
  • OPPORTUNITY ZONE DEVELOPMENT & TAX REDUCTION

Executive Summary

Newmark Retail Capital Markets, as the Exclusive Advisor, is pleased to present the opportunity to acquire the condominium interest in 2200 Shattuck(the “Property” or “Shattuck Plaza Retail”). Comprised of 17,757 SF of ground floor retail, with an additional 11,430 SF of basement space that can be utilized for office or storage, the Property lies at the base of the Historic Hotel Shattuck in the heart of Downtown Berkeley. Located one block away from the University of California, and adjacent to the Downtown Berkeley BART Station, Shattuck Plaza Retail represents a rare opportunity to recognize significant upside through the repositioning of the existing retail.
Available for the first time in a decade, Shattuck Plaza Retail is an opportunity to transform an entire city block of ground floor retail in one of the East Bay’s most coveted and captive residential markets. Currently 6.81% leased, with Starbucks as the sole tenant, the Property has been strategically vacated to provide a clear path for the renovation and reprogramming of the tenancy. Upon completion, the Property will provide a much needed amenity base for the surrounding residential and student population.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
29,187 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1910/1990
Price
£6,259,600
Price Per SF
£214
Percent Leased
7%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.56
Land Acres
0.43 AC
Opportunity Zone
Yes
Zoning
C-2, Berkeley - Commercial
Frontage
269 ft on Allston Way

Amenities

  • Restaurant
  • Signage
  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2200
  • 1,770 SF
  • Retail
  • End Cap
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2202
  • 811 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2204
  • 884 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2206
  • 2,161 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2208
  • 2,347 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2210
  • 1,648 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2222
  • 2,237 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2224
  • 1,658 SF
  • Retail
  • -
  • 30 Days
  • 2230
  • 1,461 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2236
  • 1,781 SF
  • Retail
  • In-Line
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

  • 2240
  • 1,868 SF
  • Retail
  • End Cap
  • Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

Space Size Space Use Position Available
2200 1,770 SF Retail End Cap Now
2202 811 SF Retail In-Line Now
2204 884 SF Retail In-Line Now
2206 2,161 SF Retail In-Line Now
2208 2,347 SF Retail In-Line Now
2210 1,648 SF Retail In-Line Now
2222 2,237 SF Retail In-Line Now
2224 1,658 SF Retail - 30 Days
2230 1,461 SF Retail In-Line Now
2236 1,781 SF Retail In-Line Now
2240 1,868 SF Retail End Cap Now

2200

Size
1,770 SF
Space Use
Retail
Position
End Cap
Available
Now

2202

Size
811 SF
Space Use
Retail
Position
In-Line
Available
Now

2204

Size
884 SF
Space Use
Retail
Position
In-Line
Available
Now

2206

Size
2,161 SF
Space Use
Retail
Position
In-Line
Available
Now

2208

Size
2,347 SF
Space Use
Retail
Position
In-Line
Available
Now

2210

Size
1,648 SF
Space Use
Retail
Position
In-Line
Available
Now

2222

Size
2,237 SF
Space Use
Retail
Position
In-Line
Available
Now

2224

Size
1,658 SF
Space Use
Retail
Position
-
Available
30 Days

2230

Size
1,461 SF
Space Use
Retail
Position
In-Line
Available
Now

2236

Size
1,781 SF
Space Use
Retail
Position
In-Line
Available
Now

2240

Size
1,868 SF
Space Use
Retail
Position
End Cap
Available
Now

2200

Size 1,770 SF
Space Use Retail
Position End Cap
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2202

Size 811 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2204

Size 884 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2206

Size 2,161 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2208

Size 2,347 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2210

Size 1,648 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2222

Size 2,237 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2230

Size 1,461 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2236

Size 1,781 SF
Space Use Retail
Position In-Line
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

2240

Size 1,868 SF
Space Use Retail
Position End Cap
Available Now

Seeking unique food/beverage, fitness, retail, and personal services tenants. Spaces are currently demised with some 2nd generation improvements.

Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Orangetheory Fitness
Chase Bank
U.S. Bank
Mechanics Bank
CorePower Yoga
Peet's Coffee
Krispy Krunchy Chicken
Starbucks
YMCA
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 057-2027-010-00
  • 057-2027-011-00
  • 057-2027-013-00
Land Assessment
£20,051,791
Improvements Assessment
£10,048,635
Total Assessment
£30,100,426
  • Listing ID: 33829134

  • Date on Market: 11/11/2024

  • Last Updated:

  • Address: 2200-2240 Shattuck Ave, Berkeley, CA 94704

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