1951 Shattuck Ave Berkeley, CA 94704
Highly visible retail and restaurant space available at Ace Berkeley, a brand-new 12-story mixed-use development (2023) at 1951 Shattuck Ave, Berkeley, CA 94704. This Class A property offers multiple suites within a vibrant Downtown Berkeley location, boasting 5,229 total square feet. Spaces range from a minimum of 1,074 square feet to a maximum contiguous space of 5,229 square feet, providing flexibility for various business needs. The building features convenient elevator access. Situated in Alameda County's Downtown Berkeley submarket, this prime location is within walking distance of numerous restaurants, entertainment venues, and cultural attractions, including the Berkeley Repertory Theatre, Freight & Salvage, and UC Theatre. The property benefits from its proximity to well-established culinary destinations like Chez Panisse and North Berkeley's culinary hub, attracting a large volume of foot traffic. This thriving area sees over 2 million annual theater and cinema patrons, ensuring high visibility and a strong customer base. The address is 1951 Shattuck Ave, with a cross street of Berkeley Way. While parking is not available on-site, the location's walkability and proximity to public transportation make it easily accessible. This is an exceptional opportunity for businesses seeking a high-impact presence in a dynamic and densely populated area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.