Retail Space with
For Sale
Contact for pricing
1937 Ashby Ave, Berkeley, CA 94703
A private bathroom and sink are included within the commercial unit.
Property Size999 SF
Price / SF$1.75
Days on Market36
Property Features for 1937 Ashby Ave
General Information
Standard status
Active
Size
999 SF
Property subtype
Comm Ind For Lease
Site & Location
Neighborhood
Lorin
Additional Details
Property Use
Flexible commercial use
Amenities
bathroom and sink in unit
Listing Agency:
Realty One Group Elite
Listed By:
Helen Davis · License #DRE #01773567
(925) 212-8983
Source:
Jpnrealty
Added: Sep 24
Changed: Oct 28
Last Checked: Oct 28 at 2:53PM
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 Realty One Group Elite
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Investment Insights
Based on property information with market context.
This retail space includes a sink and a private bathroom. The unit is located within an established commercial marketplace with a business presence spanning more than 30 years. The address is 1937 Ashby Ave in Berkeley.
Key Highlights
- Private bathroom and sink inside the unit
- Located in a commercial marketplace with more than 30 years of business history
- 1937 Ashby Ave, Berkeley, CA 94703
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,287
Suggested Prices Based on Cap Rates
Cap Rate 5%
$465,740
$465.7K
Cap Rate 7%
$332,671
$332.7K
Cap Rate 9%
$258,744
$258.7K
Market Conditions
NOI Build-Up for 999 SF
Gross rent
$36.0K $36.00/SF
− Vacancy
−$2.7K −$2.70/SF
EGI
$33.3K $33.30/SF
− OpEx
−$10.0K −$9.99/SF
NOI
$23.3K $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%
$465,740
Cap Rate 7%
$332,671
Cap Rate 9%
$258,744
Alternative Uses
Best Use
Retail
$332.7K
$291.1K – $388.1K
NOI $23,287 @ 7.0% cap · market cap 1,330.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$386.4K
$338.1K – $450.8K
NOI $27,045 @ 7.0% cap · market cap 1,545.43%
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
2,111
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 21%
Home Improvements & Furnishings 9%
Chevron
Shops & Services
9,823 visits/mo
0.3 miles
Domino's Pizza
Dining
1,996 visits/mo
0.3 miles
SUBWAY
Dining
1,516 visits/mo
0.4 miles
True Value Eastern Supplies
Home Improvements & Furnishings
1,501 visits/mo
0.3 miles
Enterprise Rent-A-Car
Shops & Services
1,109 visits/mo
0.3 miles
Demographics for 94703, CA
20,805
Population
9,654
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
16,004
Density / Sq Mi
$108,922
Median Household Income
$66,261
Median Earnings
$2,257
Median Rent
$1,273,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A private bathroom and sink are included within the commercial unit.
Where is this retail space located?
The property is located at 1937 Ashby Ave Berkeley, CA.
What are key features of this property?
This property features: Private bathroom and sink inside the unit; Located in a commercial marketplace with more than 30 years of business history; 1937 Ashby Ave, Berkeley, CA 94703
