1950 University Ave - Loft/Creative Space FOR SALE


Berkeley, CA 94704- Downtown Berkeley
$6,900,000 USD
510-410-7083
1950 University Ave, Berkeley, CA for Sale
$6,900,000 USD
Loft/Creative Space - FOR SALE
1/22
null | Request Cap Rate

NEW


1950 University Ave
Berkeley, CA 94704
Downtown Berkeley


HIGHLIGHTS

  • Super location next to Berkeley downtown and University of California
  • Vacant and Perfect for R&D or any kind of office space.
  • Use part of the space and rent out the rest.
  • Secure parking for 14 vehicles
  • Near BART, transit lines, restaurants, shopping

OVERVIEW

Great office space in excellent central Berkeley location, perfect for owner/user or investor. About 10,000 sq ft on each of 2 levels. Could be divided into smaller office spaces. Elevator, 14 parking spaces in gated area with direct access to the building. Ground floor could be transitioned to retail, commercial services, fitness, or other creative uses. 2nd flr has large skylight letting in ample natural light, sunny outdoor patio. 6 minute walk to downtown Berkeley BART, close to UC Berkeley, on a bus line, many restaurants nearby.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

R&D, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-DMU

APN/PARCEL ID

057-2024-008-01

ASK ABOUT THIS PROPERTY

Kim MarienthalColdwell Banker Commercial NRTMore Info
510-410-7083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kim MarienthalColdwell Banker Commercial NRTMore Info
510-410-7083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.