Storefront
For Sale
Contact for pricing
1805-1807 Eastshore Hwy, Berkeley, CA 94710
The property carries MU-LI zoning and was built in 1966.
Property Size10,000 SF
Price / SF$320
Days on Market101
Property Features for 1805-1807 Eastshore Hwy
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
5
Property subtype
Industrial, Retail
Zoning
MU-LI
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
1966
Units
1
Tenancy
Single
Listing Agency:
HC&M Commercial Properties Inc
Listed By:
Jay Cahan · License #CA 01907186
(415) 867-4040
Source:
Crexi
Added: Jul 6
Changed: Oct 10
Last Checked: Oct 12 at 5:14PM
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 HC&M Commercial Properties Inc
Investment Insights
Based on property information with market context.
This storefront property is located at 1805-1807 Eastshore Hwy in Berkeley, California. The building dates to 1966 and carries MU-LI zoning.
The offering is presented for sale with owner-user and investment positioning, along with stated sale-leaseback potential.
The offering is presented for sale with owner-user and investment positioning, along with stated sale-leaseback potential.
Key Highlights
- MU‑LI zoning designation
- Built in 1966
- Located at 1805‑1807 Eastshore Hwy, Berkeley, CA 94710
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$233,100
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,662,000
$4.7M
Cap Rate 7%
$3,330,000
$3.3M
Cap Rate 9%
$2,590,000
$2.6M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$360.0K $36.00/SF
− Vacancy
−$27.0K −$2.70/SF
EGI
$333.0K $33.30/SF
− OpEx
−$99.9K −$9.99/SF
NOI
$233.1K $23.31/SF
Area
Berkeley, CA
Vacancy
7.50%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,662,000
Cap Rate 7%
$3,330,000
Cap Rate 9%
$2,590,000
Alternative Uses
Best Use
Retail
$3.33M
$2.91M – $3.89M
NOI $233,100 @ 7.0% cap · market cap 7.28%
Second Best
Industrial
$1.46M
$1.28M – $1.70M
NOI $102,102 @ 7.0% cap · market cap 3.19%
Theoretical Best
Specialty Retail
$3.87M
$3.38M – $4.51M
NOI $270,720 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,617
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94710, CA
9,552
Population
4,105
Households
2.3
Avg Household Size
38
Median Age
65%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
4,342
Density / Sq Mi
$118,007
Median Household Income
$67,117
Median Earnings
$2,546
Median Rent
$1,084,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - The property carries MU-LI zoning and was built in 1966.
Where is this storefront property located?
The property is located at 1805-1807 Eastshore Hwy Berkeley, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: MU‑LI zoning designation; Built in 1966; Located at 1805‑1807 Eastshore Hwy, Berkeley, CA 94710
