1649 Hopkins St, Berkeley, CA 94707
Fully occupied storefront in an established residential setting, offering steady retail use with potential to adjust rents.
- Added:
- Jun 12, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 20 at 4:08 am
Property Features for 1649 Hopkins St
General Information
- Standard status
- Active
- Size
- 4,566 SF
- Lot size
- 0.18 Acres
- Property subtype
- RETAIL
Listing office TRI Commercial | Walnut Creek (925) 698-4010
Listing date Jun 12, 2026
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of TRI Commercial | Walnut Creek
HighLights
- Fully occupied storefront retail property
- 7,623 SF lot size (0.178 acres)
- Built in 1926
- Walking distance to neighborhood retailers and restaurants
Overview
The site is set within an established residential community and is within walking distance of neighborhood retailers and restaurants. This context supports tenant businesses that benefit from consistent local foot traffic rather than destination-only retail.
For investors or owner-operators seeking a long-term holding with an income-producing retail component, the current occupancy is a straightforward starting point. Tenants who fit a neighborhood retail format may find the property’s scale and street-level presence practical for serving nearby residents. Consider this property for those looking to acquire a historic-era storefront with an occupied retail configuration and the ability to evaluate future lease terms over time.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.4k | $36.00 |
| − Vacancy | −$12.3k | −$2.70 |
| EGI | $152.0k | $33.30 |
| − OpEx | −$45.6k | −$9.99 |
| NOI | $106.4k | $23.31 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Monterey Flowers — 1515 Hopkins St, Berkeley, CA 94707
- Fourth Street Flowers permanently closed after July 31st, 2022. Thank you for your support all these years since 2003 — 1800 Fourth St, Berkeley, CA 94710
- Flor on Fourth — 1800 Fourth St Suite A, Berkeley, CA 94710
- This Humble Abode — 830 Gilman St, Berkeley, CA 94710
- Berkeley Florist — 1420 university ave, berkeley, ca 94702
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.2807064
- Latitude
- 37.8825584
