Property summary
This exceptional 0.26-acre lot at 2959 San Pablo Avenue in Berkeley, California, presents a compelling mixed-use redevelopment opportunity. Situated in the West Berkeley Commercial District (C-W zoning), this property boasts a total square footage of 11,364, including an approximately 11,140 square foot building (per tax records) currently occupied by an automotive tenant under a short-term lease. The property's prime corner location at the southwest intersection of San Pablo Avenue and Burnett Street offers significant visibility and accessibility. Built in 1948, the single-story structure presents a blank canvas for creative redevelopment, catering to various uses including retail or automotive-related businesses. The property's existing infrastructure provides a solid foundation for a range of projects, capitalizing on the high demand for housing and commercial space in the rapidly growing Bay Area. The Alameda County Assessor's Parcel Number (APN) is 53-1629-19-1. This is a single-tenancy property with 100% occupancy, offering immediate income potential while redevelopment plans are finalized. The property's Class C designation and modified lease type provide flexibility for future development. This is an owner/user investment opportunity, ideal for those seeking to create a unique and profitable venture in a thriving Berkeley neighborhood. The zip code is 94702.
Property profile
VerifiedCap rate & NOI
Current use
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Sustainability Organization
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Restaurant
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Sustainability Organization
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Sustainability Organization
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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