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    2811-2815 Telegraph Ave Berkeley, CA 94705

    Sponsored
    For Sale
    $1,890,000

    Berkeley Restaurant & Apartments, High ROI

    Property size:
    5,253 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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 Features for 2811-2815 Telegraph Ave

    General Information

    Property type
    Restaurants
    Square Feet
    5,253 SF

    Building Details

    Year Built
    1908
    Units
    4

    HighLights

    • 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.
    • Two 2BD/1BA units on the third floor; one occupied, one vacant.
    • Additional vacant 2BD/1BA rear unit.
    • Four parking spaces (two garage, two outdoor).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

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

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    FAQs

    What type of property is this?
    Restaurant - Berkeley Restaurant & Apartments, High ROI
    Where is this restaurant 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.
    Request Owner's contact information
    2811-2815 Telegraph Ave Berkeley, CA 94705
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    Berkeley, CA 94705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2811-2815 Telegraph Ave Berkeley, CA 94705
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