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2811-2815 Telegraph Ave Berkeley, CA 94705

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For Sale
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Berkeley Restaurant & Apartments, High ROI

Property size:
5,253 SF

Property Features for 2811-2815 Telegraph Ave

General Information

Property type
Mixed-use properties
Square Feet
5,253 SF

Building Details

Year Built
1908
Units
4

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Listing Contact
Vincent Heung
Vincent Heung

Listing Agency: Compass San Francisco Listing Agent: Vincent Heung

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional Berkeley mixed-use property at 2811-2815 Telegraph Avenue presents a unique investment opportunity. The 5,253 square foot building, constructed in 1908, sits on a 5,323 square foot lot and boasts a 7.42% cap rate with a Net Operating Income (NOI) of $140,201. The asking price is $1,890,000, translating to $360 per square foot. The ground floor features a vacant, fully equipped commercial kitchen space, previously housing a renowned restaurant. Above, three 2-bedroom, 1-bathroom residential units provide diverse income streams
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Berkeley
County
Alameda
State
California
Longitude
-122.2589859
Latitude
37.8590638

FAQs

What type of property is this?
Mixed-use property - Berkeley Restaurant & Apartments, High ROI
Where is this mixed-use property located?
The property is located at 2811-2815 Telegraph Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 7.42% Cap Rate, $140,201 NOI, $1,890,000 asking price.; Vacant, fully equipped commercial kitchen on the ground floor.; One 2BD/1BA tenant-occupied unit on the second floor.
More about this property
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