Retail Storefront on Telegraph
Telegraph Ave Berkeley, CA 94704
Telegraph Ave, Berkeley, CA, 94704
$599,950
For Sale
$599,950
Retail property on Telegraph Avenue, suitable for various businesses.
Property Size807 SF
Lot Size0.22 Acres
Price / SF$743.43
Days on Market360
Property Features for Telegraph Ave
General Information
- Standard status
- Active
- Size
- 807 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1994
Listing agency
MAXREAL
(925) 394-4186
Listed by
CATHERINE LIM · License #DRE #01148635
Source
Corcoran
Added: Jul 28, 2025 Updated: Jul 6 at 9:04AM Checked: Jul 21 at 5:09AM
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 MAXREAL
Investment Insights
Based on property information with market context.
This retail store, constructed in 1994, comprises two parcels functioning as a single economic unit. Unit #101, identified as APN #55-1840-53, measures 552 square feet, while Unit #102, APN #55-1840-54, spans 255 square feet, resulting in a combined area of 807 square feet. Originally designed as one unit by the developer, the property is suitable for an owner-user. The layout allows for easy conversion back into two separate units, offering the option to occupy one and lease the other. The property is located on Telegraph Avenue and features good street frontage, with both garage and street parking available. Potential business uses include a barber shop, nail salon, yoga studio, Boba retail store, or sandwich shop.
Key Highlights
- Combined 807 sq ft retail space (Units #101 & #102)
- Prime Telegraph Avenue frontage
- Suitable for owner‑user or conversion back to two separate units for rental income
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.1k | $36.00 |
| − Vacancy | −$2.2k | −$2.70 |
| EGI | $26.9k | $33.30 |
| − OpEx | −$8.1k | −$9.99 |
| NOI | $18.8k | $23.31 |
807 SF · lease $36.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$268.7K
$235.1K – $313.5K
NOI $18,811 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$312.1K
$273.1K – $364.1K
NOI $21,847 @ 7.0% cap · market cap 3.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail property on Telegraph Avenue, suitable for various businesses.
Where is this retail space located?
The property is located at Telegraph Ave Berkeley, CA.
What is the asking price?
The asking price for this property is $599,950.
What are key features of this property?
This property features: Combined 807 sq ft retail space (Units #101 & #102); Prime Telegraph Avenue frontage; Suitable for owner‑user or conversion back to two separate units for rental income
