2811-2815 Telegraph Ave Berkeley, CA 94705
- Retail properties
- 5,253 SF
Current Use by Public Records
- Retail properties
Property Details for 2811-2815 Telegraph Ave
- Year built
- 1908
- Property size
- 5,253 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berkeley
- County
- Alameda
- State
- California
- Longitude
- -122.259
- Latitude
- 37.8591