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    FOR SALE
    Conventional restaurants

    2811-2815 Telegraph Ave Berkeley, CA 94705

    4,593 SF Built 1908
    Property ID
    US09-Q011696
    2811-2815 Telegraph Ave, Berkeley, CA 94705 For Sale 1 / 50
    $1,450,000 4,593 SF
    2811-2815 Telegraph Ave, Berkeley, CA 94705
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    AI-generated overview

    Own a Prime Mixed-Use Property Steps from UC Berkeley! Located just steps from UC Berkeley, this exceptional mixed-use property offers a rare opportunity to own both a thriving business space and rental income in one of the most sought-after locations in the Bay Area. With a 7.42% cap rate, it’s a great investment property with strong income potential. The ground floor features a spacious vacant restaurant space, formerly home to the renowned Tai Shan Chinese Restaurant. Fully equipped with a commercial kitchen, it’s perfect for an owner-operator looking to launch their culinary vision. The upper levels house three 2BR/1BA residential units, with two leased and one available for immediate leasing or owner occupancy. Additionally, a bonus 2BR/1BA rear unit enhances your investment potential, providing more flexibility to grow your income Situated on bustling Telegraph Avenue, the property boasts excellent visibility and foot traffic, making it ideal for a variety of businesses. Within 1 mile of UC Berkeley, it offers a steady stream of potential customers and tenants. Surrounded by amenities, major employers, and everyday conveniences, the location ensures high demand from renters, making this an incredibly attractive investment. Whether you're an investor seeking diverse income streams or an entrepreneur ready to launch your restaurant, this property offers a unique opportunity to live, work, and thrive in one of Berkeley’s most dynamic neighborhoods.

    Property profile
    Verified
    Property type Conventional restaurants
    Year built 1908
    Total area 4,593 SF
    UPID US09-Q011696
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
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