1015 University Ave
1015 University Ave Berkeley, California 94710 United States

$3,895,000
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Listing Courtesy of Marcus & Millichap
$3,895,000
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12,295 Sq Ft.
Interior
8,712 Acres
Exterior
Commercial
Property type
1925
Year Built
40989260
Web Id
40989260
MLS ID
Berkeley Unified
School District
30
days ago

About 1015 University Ave

1015-1027 University Avenue is a 15-unit mixed-use property in a prime location. This is a unique value-add opportunity that offers an 7.7% cap rate upon completion and re-leasing of vacant units. The building consists of 10 residential units above five commercial spaces on highly trafficked University Ave. Great upside potential for residential units allowing the next owner to decide exact unit count and configuration. One commercial space, previously used as residential, can either remain a separate unit or be combined with adjacent commercial spaces. Endless possibilities.

Listing Courtesy of Gabriel Galiothe , Marcus & Millichap

PROPERTY INFORMATION

Heating
Floor Furnace, Wall Furnace
Parking Description
Uncovered Parking Space

EXTERIOR

Construction
Frame
Lot Description
Corner Lot
Roofing
Rolled/Hot Mop

INTERIOR

Flooring
Concrete, Vinyl, Carpet, Other
Listing Courtesy of Marcus & Millichap
Listing Courtesy of Marcus & Millichap
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