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Listed by Brian Merrion Brian A. Merrion, Broker
$1,198,000
Est. payment /mo
3,500 Sqft Lot
Active
982 University AVE Berkeley, CA 94710
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UPDATED:
10/29/2024 12:48 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 424076798
HOA Y/N No
Lot Size 3,500 Sqft
Acres 0.0803
Property Description
Discover a versatile investment opportunity in Berkeley! This mixed-use property features a turn-key restaurant space on the ground floor, complete with a partially equipped kitchen and historically significant bar, ideal for restaurateurs looking to launch or expand in Berkeley's vibrant market. The upper floor includes two spacious 1-bedroom apartments (rented at $1900 & $1700 per month), providing additional rental income in a high-demand area. Both units offer bright, comfortable living spaces. There is also a large storage structure behind the property on a decent size back yard. Located on a bustling stretch of University Avenue, the property is just minutes from UC Berkeley, local transit, and a variety of shops, dining, and amenities, ensuring a steady flow of foot traffic and potential clientele. Whether you're an investor, owner-operator, or developer, this property offers immediate income potential and a prime location in the heart of Berkeley.
Location
State CA
County Alameda
Area Berkeley Map Area 6
Interior
Fireplace No
Building
Lot Description Airport Nearby, BART Nearby, City Lot, Hotel/Motel Nearby, Near Public Transit, Restaurant Nearby, Shopping Nearby
New Construction No
Others
Tax ID 5619724
