Berkeley Building Near UC
1829 Euclid Ave, Berkeley, CA 94709
For Sale
$1,000,000
Commercial building near UC Berkeley suitable for various businesses.
Property Size1,913 SF
Price / SF$522.74
Days on Market260
Property Features for 1829 Euclid Ave
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
Rolled Composition Roof
Building Details
Year Built
Listing Agency:
RE/MAX ACCORD
(925) 283-9200
Listed By:
KEVIN OBRIEN · License #01385083
(925) 595-0422
Source:
Corcoran
Added: Feb 23
Changed: Aug 8
Last Checked: Aug 8 at 6:08AM
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 RE/MAX ACCORD
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Investment Insights
Based on property information with market context.
Located steps away from the UC Berkeley campus, this 1,913-square-foot building is zoned C-N, making it suitable for a variety of businesses. The location is ideal for services such as dentists, doctors, therapists, and hair salons, as well as food-related businesses like restaurants, catering services, and pubs. Gyms, yoga studios, karate schools, and cardio workout facilities are also potential uses, along with retail stores. The property features two entrances, allowing for a possible split to accommodate two separate businesses. Previously, the building housed a successful sandwich shop for decades, with seating for 50 to 60 guests, along with a take-out and catering business. This property presents an opportunity to launch a new business or expand an existing market.
Key Highlights
- Prime location near UC Berkeley campus with access to over 45,000 students.
- C‑N zoning allows for a wide range of business types.
- 1,913 square feet with two entrances, offering potential for splitting into two separate units.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,789
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,780
$1.0M
Cap Rate 7%
$739,843
$739.8K
Cap Rate 9%
$575,433
$575.4K
Market Conditions
NOI Build-Up for 1,913 SF
Gross rent
$73.5K $38.40/SF
− Vacancy
−$4.4K −$2.30/SF
EGI
$69.1K $36.10/SF
− OpEx
−$17.3K −$9.02/SF
NOI
$51.8K $27.07/SF
Area
Berkeley, CA
Vacancy
6.00%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,035,780
Cap Rate 7%
$739,843
Cap Rate 9%
$575,433
Alternative Uses
Best Use
Specialty Retail
$739.8K
$647.4K – $863.2K
NOI $51,789 @ 7.0% cap · market cap 5.18%
Second Best
Retail
$637.0K
$557.4K – $743.2K
NOI $44,592 @ 7.0% cap · market cap 4.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,684
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94709, CA
12,514
Population
6,139
Households
2
Avg Household Size
29
Median Age
80%
College-Educated
96%
High-School Grad
0.7 sq mi
ZIP Area
17,877
Density / Sq Mi
$95,223
Median Household Income
$42,958
Median Earnings
$1,988
Median Rent
$1,240,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Restaurants in Alameda County, CA
Properties on Market for Restaurants in Alameda County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Greenleaf Provisions — 2316 Haste St, Berkeley, CA 94704
- Nom Nom Bánh Mì — 2491 Telegraph Ave, Berkeley, CA 94704
- grizzlychefs — 2710 Bancroft Way, Berkeley, CA 94704
- Bancroft Catering — 2680 Bancroft Way, Berkeley, CA 94704
- Amira Drey'z Experience LLC — 9425 Lawlor St, Oakland, CA 94605
Frequently Asked Questions
What type of property is this?
Restaurant - Commercial building near UC Berkeley suitable for various businesses.
Where is this restaurant located?
The property is located at 1829 Euclid Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime location near UC Berkeley campus with access to over 45,000 students.; C‑N zoning allows for a wide range of business types.; 1,913 square feet with two entrances, offering potential for splitting into two separate units.
