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Mixed-Use Property in Berkeley
For Sale
$2,400,000
Pending

2509 Dwight Way, Berkeley, CA 94704

Mixed-use property with development potential in Berkeley, California.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market197

Property Features for 2509 Dwight Way

General Information

Standard status Pending
Lot size 0.11 Acres
Property subtype Investment

Building Details

Year Built 1925
Units 3
Listing Agency: Forrest Gee, Broker
Listed By: Forrest Gee · License #01035344
Source: Elliman
Added: Mar 11 Changed: Sep 14 Last Checked: Sep 22 at 7:24PM

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 Forrest Gee, Broker

Investment Insights

Based on property information with market context.

This mixed-use property includes a tenant-occupied front building with a ground-level restaurant and a two-bedroom apartment above. The rear house is currently vacant and considered unsafe to enter. The property is located at 2503, 2505, 2507, and 2509 Dwight Way in Berkeley, California. There is a possibility of constructing a seven-story mixed-use building on the site.

Key Highlights

  • Development potential: Site allows for construction of a 7‑story mixed‑use building.
  • Income potential: Front building is currently tenant‑occupied by a restaurant and apartment.
  • Prime location: Situated on Dwight Way in Berkeley.

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,456
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Bank of America Shops & Services
20,432 visits/mo 0.2 miles
Taco Bell Dining
17,012 visits/mo 0.1 miles
Shell Shops & Services
10,941 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
10,643 visits/mo 0.2 miles
7-Eleven Shops & Services
8,685 visits/mo 0.2 miles

Demographics for 94704, CA

25,259
Population
9,722
Households
2.6
Avg Household Size
26
Median Age
72%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
28,066
Density / Sq Mi
$52,105
Median Household Income
$17,509
Median Earnings
$1,987
Median Rent
$918,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with development potential in Berkeley, California.
Where is this mixed-use property located?
The property is located at 2509 Dwight Way Berkeley, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Development potential: Site allows for construction of a **7‑story mixed‑use building**.; Income potential: Front building is currently tenant‑occupied by a restaurant and apartment.; Prime location: Situated on Dwight Way in Berkeley.
More about this property
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