Mixed-Use Retail and Apartment
1015-1027 University Avenue Berkeley CA Berkeley, CA 94710
For Sale
Contact for pricing
Corner mixed-use building with on-site parking, 4 retail spaces, and 10 apartments plus rooftop advertising income.
Property Size10,484 SF
Price / SF$190.77
Days on Market478
Property Features for 1015-1027 University Avenue Berkeley CA
General Information
- Standard status
- Active
- Size
- 10,484 SF
- Property subtype
- Mixed Use
Listing Agency:
Gordon Commercial Real Estate
Listed By:
Barbara Colbert-Pace · License #CA 01884390
Source:
Crexi
Added: Apr 2, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gordon Commercial Real Estate
Investment Insights
Based on property information with market context.
This corner mixed-use building offers a combination of rental apartments and street-level retail. The property includes 10 apartments and 4 retail spaces, with one retail space having experienced a fire on the interior and requiring repair. Three other retail tenants are operating and paying rent. In addition, the building generates rental income from a rooftop advertising sign.
The property is positioned on a main commercial corridor with on-site parking and easy freeway access, with proximity to Berkeley’s International Food District and a range of nearby retail and dining options. It is also described as bridging a major freeway.
There are 2021 residential units that were illegally created without City permits. A zoning permit application (ZP2022-0120) was submitted to legalize the units, but it has been incomplete since 2023, with a letter issued requesting additional information and no response received to date. Plans attached to the permit application outline the existing floor plans intended to remedy the illegal units.
The property is positioned on a main commercial corridor with on-site parking and easy freeway access, with proximity to Berkeley’s International Food District and a range of nearby retail and dining options. It is also described as bridging a major freeway.
There are 2021 residential units that were illegally created without City permits. A zoning permit application (ZP2022-0120) was submitted to legalize the units, but it has been incomplete since 2023, with a letter issued requesting additional information and no response received to date. Plans attached to the permit application outline the existing floor plans intended to remedy the illegal units.
Key Highlights
- Corner mixed‑use building with on‑site parking, 4 retail spaces, and 10 apartments plus rooftop advertising sign rental income
- West Berkeley retail/office building on a main corridor with easy freeway access
- Three retail tenants are operating and paying rent; one retail space (previous tattoo shop) has interior fire damage needing repairs
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Apartment building - Corner mixed-use building with on-site parking, 4 retail spaces, and 10 apartments plus rooftop advertising income.
Where is this apartment building located?
The property is located at 1015-1027 University Avenue Berkeley CA Berkeley, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Corner mixed‑use building with on‑site parking, 4 retail spaces, and 10 apartments plus rooftop advertising sign rental income; West Berkeley retail/office building on a main corridor with easy freeway access; Three retail tenants are operating and paying rent; one retail space (previous tattoo shop) has interior fire damage needing repairs
