|
INVESTMENT PROPERTIES
► DEVELOPMENT SITE / BUILD-TO-SUIT LEASE - $60 PSF
►
CORNER RETAIL
BUILDING - $2.995 M
► RETAIL / OFFICE / BANK
BLDG - $1.495 M
► AUTO REPAIR / RETAIL
BLDG - $1.3 M
►
RETAIL WITH PARKING - $1.223 M
► 2.89
ACRES ZONED A-2M - $1.15 M
► CORNER RETAIL
BLDG - $1.05 M
►
LIGHT INDUSTRIAL - $1.0 M
► WAREHOUSE / OFFICE /
YARD / PARKING - $895 K
► AUTO BODY SHOP /
AUTO REPAIR - $845 K
►
HARD-TO-FIND SMALL RETAIL BLDG - $675 K
|
|
FOR SALE OR BUILD-TO-SUIT LEASE
OUTSTANDING DEVELOPMENT SITE
EL CERRITO / RICHMOND ANNEX, CA
LOCATION: Adjacent Pacific
East Mall anchored by the thriving 99 Ranch Supermarket, the largest
Asian market in the East Bay. One block from the 880 and 580 Freeway
interchanges at Central Avenue, one of the busiest freeway hubs
in the U.S. One property away from 800 unit Albany Hill Apartments.
Walk to BART and El Cerrito Plaza, a totally renovated 300,000-square-foot
center featuring Albertson’s, Long’s, Trader Joe’s, Barnes and Noble,
Pier 1, Ross and other nationals. Three blocks from Costco and planned
new Kohl’s department store.
DESCRIPTION: Approximately
142,000-square-foot level site on the border of El Cerrito and Richmond
Annex, with portions of the property in each city. May add additional
26,000 square foot (+/-) parcel if desired. Great for private school,
daycare, religious institution, retail or residential development,
all of which are entitled by right.
ZONING: C-3 Regional
Commercial.
SALE PRICE: Land at
$60 per square foot.
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CORNER RETAIL
BUILDING
GREAT FRONTAGE / HIGH TRAFFIC
RICHMOND
LOCATION: 12300 San
Pablo Avenue, Richmond, California. Located on the north east
corner at the signalized intersection of Barrett Avenue and San
Pablo Avenue. Very Close to HWY 80 about one block from on and off
ramps. Approximately 625 feet of total frontage: 425 feet of frontage on San
Pablo Ave and 200 feet of frontage on Barrett Ave. Directly
across the street from Kentucky Fried Chicken, Long John
Silvers, and Subway, and within several blocks of Safeway, Home
Depot, Wendy’s, Target, and many more national and local
retailers.
BUILDING:
Approximately 13,870 square feet.
LAND: Approximately
52,500 square feet.
DESCRIPTION:
Attractive, high-ceiling building in very hi-traffic area.
Former auto showroom in front of building (+/-4,884 s.f.) and large
garage area in rear of building (+/-8,456 s.f.) plus nice second
floor office of approximately 530 square feet. Adjacent paved
parking lot of approximately 39,000 square feet. High ceiling, expansive
showroom windows. Building appears to be in very good condition
and would be great for many types of retail uses. Building and
land are priced to make tear-down and development a good
possibility. (All square footage quoted herein is approximate
and must be verified by buyer.)
AVAILABILITY:
Building is currently vacant. Great for owner / user or possibly
for an investor willing to re-tenant.
ZONING: General
Commercial (retail, office, etc). Currently an automobile
showroom and garage repair facility.
PRICE: $2,995,000.
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ALSO AVAILABLE: See
12380 San Pablo Avenue, 50 feet away, for sale by same owner.
CONTACT:
Roger Mills
-
510-450-1424
|
rmills@mrecommercial.com
|
|
RETAIL / OFFICE / BANK
BUILDING
LARGE PARCEL / 33 PARKING SPACES
RICHMOND
► BUY OR LEASE ◄
LOCATION: 2400 MacDonald
Avenue, Richmond, California.
DESCRIPTION: Modern
building (1965) of approximately 6,350 square feet on a lot of approximately
22,500 square feet. Currently occupied by Bank of the West,
but may be delivered vacant in September 2008.
Across the street from Richmond Civic
Center, which is undergoing extensive remodeling -- projected to
be complete in 2009. Building, lot, and landscaping appear to be
in excellent condition. Adjacent to 7-11, close to MacDonald's,
Kragen, and Taco Bell, walking distance to BART. This site is located
approximately 20 blocks West of the new MacDonald 80 Retail Center,
anchored by Target and achieving rents in excess of $4.50 NNN (at
Target Center).
Ideal for investment and/or for owner-user
building.
CONFIGURATION: Private
parking lot contiguous building with 33 spaces, plus good street
parking. Ground floor of approximately 4,900 square feet and second
floor of approximately 1,450 square feet.
PARKING: 33 off-street
spaces / plus abundant street parking.
SALE
PRICE: $1,395,000.
LEASE RATE: $8,195 monthy,
NNN.
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GREAT AUTO REPAIR / RETAIL
BUILDING
DEVELOPMENT POTENTIAL
EL CERRITO, CALIFORNIA
LOCATION: 10929-10931 San Pablo Ave. / 5930-34 Alameda Ave.
DESCRIPTION:
Approximately 7,000 square feet of main retail building, with +/-1,600
square feet of warehouse space, large yard area and 3-bedroom, 1-bath
house.
All tenants on month-to-month
leases. Approximately 6,100 square feet currently
houses two auto repair tenants. Great for continued auto repair use,
or use good carrier income to redevelop the property. Right across
the street from new El Cerrito City Hall and Civic Center. Next
door to Midas. Lender owned, motivated seller.
LOT SIZE:
21,529 square feet.
PRICE:
$1,300,000
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RETAIL WITH PARKING
BERKELEY
LOCATION:
1407 & 1411
San Pablo Avenue, Berkeley. Two blocks south of Gilman Street.
DESCRIPTION:
Totaling
(+/-) 6,118 square feet of retail space. 1407 San Pablo
comprises (+/-) 1,750 square feet, cinder block construction,
built in 1953. 1411 San Pablo comprises (+/-) 4,368 square feet,
cinder block and wood frame construction, built in 1936.
The buildings are connected on
the interior and can be used as one building. Each lot is 5,000
square feet with a total of 10,000 square feet of land. The
parking lot is located in the front of 1407 San Pablo Avenue.
The roofs are tar and gravel.
This is an excellent retail
location, with parking. REI is nearby as well as the Pyramid
Brewery and many other retailers.
CURRENT TENANCY: Wilderness
Exchange, will Relocate, or lease all or a portion of the
building after close of escrow. Please be discreet with tenants.
PRICE:
$1,223,000 / 10% down with SBA financing.
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Matt Gondak
- 510-450-1434
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mgondak@mrecommercial.com
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LAND FOR SALE
2.89 ACRES ZONED
A-2
LOCATION:
4225 Franklin
Canyon Road, Contra Costa.
DESCRIPTION:
This
land, just four (4) miles east of Highway 80 on Hwy 4, is located
directly on the Cummings Skyway exit, which is very close to the
Franklin Canyon golf course. This location being four miles from
highway 80 but in Contra Costa County offers great access.
Various uses
could include agriculture, clubs, riding stables, churches etc.
Electricity and water to site, has pump (not in working condition).
A great potential investment with ability to lease to one or more
tenants for income.
The property
is Zones A-2 . There is a permit for dirt recycling and wood or
chip recycling in place. A 6,000 sq.ft. building can be built under
this permit with the county.
PRICE: $1,150,000 /
Owner will carry: 50% down.
CONTACT:
Matt Gondak
- 510-450-1434
|
mgondak@mrecommercial.com
|
|
CORNER RETAIL
BUILDING
HIGH TRAFFIC / CLOSE TO HWY 80
RICHMOND
LOCATION: 12380 San
Pablo Avenue, Richmond, California. Located at the signalized
intersection of San Pablo Ave and Roosevelt Ave. The
intersection also includes off and on ramps to HWY 80 located
directly in front of building. Approximately 225 feet of total
frontage: 125 feet of frontage on San Pablo Ave; and 100 feet of
frontage on Roosevelt Ave. Located in the same block as Kentucky
Fried Chicken, Long John Silvers, and Subway. Also within
several blocks of Safeway, Home Depot, Wendy’s, Target, and many
more national and local retailers.
BUILDING:
Approximately 6,696 square feet.
LAND: Approximately
11,938 square feet.
PARKING: 6,272
square feet
DESCRIPTION:
Attractive building in very hi-traffic area. Former auto
showroom building, +/-5,666 s.f. on ground floor and second
floor office of +/-1,030 s.f. Adjacent paved parking lot of
approximately 6,272 s.f. Very high ceilings. Expansive showroom
windows. Building appears to be in very good condition and would
be great for many types of retail uses. (All square footages are
approximate and must be verified by buyer.)
AVAILABILITY:
Building is currently vacant. Great for owner user or possibly
for an investor willing to re-tenant.
ZONING: General
Commercial (retail, office, etc). Currently an automobile
showroom with potential for garage repair facility
PRICE: $1,050,000.
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FLYER:
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ALSO AVAILABLE: See
12300 San Pablo Avenue, 50 feet away, for sale by same owner.
CONTACT:
Roger Mills
-
510-450-1424
|
rmills@mrecommercial.com
|
|
WAREHOUSE
LIGHT INDUSTRIAL
RICHMOND
LOCATION:
601 and 603 South 8th Street.
Great Location right at freeway on
and off-ramps in both directions. Extremely easy to find this location,
five minutes to Richmond Bridge. Fast access to entire bay area.
This property has five buildings in their own little neighborhood
and are separated by the freeway, which makes this location quieter
and safer than most Richmond locations.
DESCRIPTION:
Various light industrial uses allowed. Adjacent owner is building
19,000 sq.ft. of R & D campus style buildings to commence by April
of 2009. Bay machinery and Speed Ox are the only other operations
in this location and they are well run long term business owners.
Configuration / Status:
-
601 S 8th Street,
vacant, approximately 3,500 sq.ft metal warehouse.
-
603 S 8th Street,
vacant, approximately 2,500 sq.ft metal warehouse.
-
Both warehouses on
7,950 square foot lot.
- Separate corner parcel 5,564 sq.ft.
Light industrial permitted.
PRICE: $1,000,000
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Matt Gondak
- 510-450-1434
|
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WAREHOUSE / OFFICE /
YARD / PARKING
RICHMOND
LOCATION: 1000 13th
Street Richmond, California 94801. Cross street: Coalinga Ave.
DESCRIPTION: Approximately
5,215 square feet of building. 3,105 square feet of office, 2,110
sq.ft. of warehouse, plus a secure walled yard / parking area of
approximately 5,250 sq.ft.
Constructed in 1984, this attractive
wood-frame and stucco building includes a monitored fire and intruder
alarm system, newer roof and HVAC units, an electric roll-up door
and plenty of skylights.
High traffic / good visibility location
with quick access to Marin, Oakland, Vallejo and San Francisco.
ZONING: C-2. Live/Work
may be possible.
BUYER NOTE: All square
foot numbers are approximate and must be confirmed by all prospective
purchasers.
PRICE: $895,000
Owner Financing Available
- No Bank Loan Needed!
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Roger Mills
-
510-450-1424
|
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AUTO BODY SHOP /
AUTO REPAIR
23RD STREET
RICHMOND
LOCATION:
418 23rd Street, five minutes off Hwy 580 at the 23rd Street
exit, or MacDonald exit off of Hwy 80. Hi traffic
location. Other car related uses in area.
DESCRIPTION:
Approximately 3,500 sq.ft, fully-licensed body shop. All permits
in place. Clean spray booth with fire system. 220 3-phase
power. Two 14’x 12’ roll-up doors. 50-year roof with
double sheetrock on the interior. New copper air system.
Reinforced concrete block construction. Includes 1,000
sq.ft. heavy duty loft for storage. Building in excellent
condition.
TRAFFIC COUNT:
In 2002, 18,000 cars per day.
SIZE:
Approximately 16,000 square feet of land -- 11,600-sq.ft. lot,
separate 4,400-sq.ft. lot included, could be used for car sales.
PRICE: $845,000, 10%
DOWN PAYMENT.
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Matt Gondak
- 510-450-1434
|
mgondak@mrecommercial.com
|
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FOR SALE OR LEASE
HARD-TO-FIND SMALL RETAIL BLDG.
AAA LOCATION
EL CERRITO
LOCATION: 11835 San Pablo Avenue,
near Wall Avenue.
DESCRIPTION:
Located next door to McDonald's and one
door down from Starbuck's and Home Depot, this approximately
4,000-square-foot property offers great high-traffic visibility and
terrific signage potential.
One block to BART and planned new
90,000-square-foot WalMart or Safeway Center.
Concrete block structure, high
ceilings, drive-in door – ideal for auto repair businesses, or
contractor's supply business, such as plumbing, electrical, tile,
kitchen, carpet, and more.
SIZE: Approximately 4,000 square feet.
SALE PRICE: $675,000 as is, all cash to Seller at COE.
LEASE RATE: $1.15 psf / monthly, industrial gross.
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▼
RECENT COMPLETED /
PENDING TRANSACTIONS ▼ |
|
LENDER OWNED
GREAT OWNER-USER / INVESTOR RETAIL BLDG
ALBANY, CALIFORNIA
LOCATION:
636 San Pablo Avenue, near Garfield. Highly desirable Albany
location with easy access to 80 and 580 freeway interchanges.
DESCRIPTION:
Approximately 4,876 square feet on the ground floor with
additional 1,900 sq.ft. (+/-) of storage mezzanine. High
ceilings, concrete block construction. Roll-up drive-in door.
Two small retail spaces in building occupying 347 (+/) and 361
sq.ft. (+/-) of space. Short walk to BART and El Cerrito Plaza.
MARKET:
Developing area in the highly desirable Albany corridor with a
number of new multi-story mixed use retail / residential
condominiums, including the block-long Villa de Albany complex.
Median annual household Income for Albany is about $67,000.
Heavy drive-by traffic on major four-lane thoroughfare. Great
for auto repair, gym or any other retail use needing a high
ceiling, open floor plan.
-
Great visibility
and signage potential.
-
Strong
investment opportunity.
-
Property is
currently vacant.
PRICE:
$795,000
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POTENTIAL MIXED-USE
CORNER
RETAIL / OFFICE / APARTMENTS / CONDOS
BERKELEY
LOCATION: 849 and 845
University Avenue, corner of University and 7th, just a few blocks
off Hwy 80.
DESCRIPTION: Potential
mixed-use development on this high-traffic corner with good visibility
and easy access. Approximately 13,250 square feet of land with frontage
on University Avenue of about 132 feet and a depth of 100 feet along
7th street.
SITE STATUS: Initial
inquires (must be confirmed by buyer) indicate that it may be possible
to develop a four-floor mixed use building of approximately 40,000
square feet (depending on many factors, such as parking layout and
allocation). Current Gas station lease is generating about $5,000
per month in income. Lease expires April 2010, which will provide
income while plans are approved for building. Phase II has been
performed and results indicate that no remediation is needed.
CURRENT USE: Fully-operational
service station with a building of approximately 1,650 square feet.
ZONING: C-W
PRICE: $1,525,000 ($115
per square foot of land) .
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Roger Mills
-
510-450-1424
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COMMERCIAL OFFICE CONDO
ADJACENT PIXAR
EMERYVILLE
LOCATION: 1195 Park
Avenue, Emeryville.
DESCRIPTION: Commercial
office condo of approximately 2,100 square feet. Can be divided
down into two (2) spaces and leased at 1,350 (+/-) and 750 (+/-)
sq.ft.
Red brick and timber loft-style office
space immediately adjacent PIXAR Studios. Skylight / clearstory
overhead glass. Quiet and dramatic, with high ceilings, this is
a special space in a unique and special location.
Close to BART, free shuttle service
to BART, bus lines, restaurants, Starbucks and many retailers. Located
in converted warehouse area with lots of charm. Good street parking.
PERMITTED USE: This
is a commercial office condo and is not useable as
a residence or live/work.
SALE
PRICE: $615,000
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Roger Mills
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FULLY-ENTITLED
20-UNIT TOWNHOME DEVELOPMENT
EL CERRITO
LOCATION:
6431 Portola Drive, one door off San Pablo Avenue.
DESCRIPTION:
Entitlements just granted for this 20-unit townhome project situated
on a level site of approximately 24,469 square feet. Adjacent new
four city block El Cerrito Town Center development, walk to Safeway,
Longs, Marshall’s, BART and planned new City Center complex.
► Ten (10) four-bedroom / 2.5-bath
units.
► Ten (10) two-bedroom / 2.5-bath units.
► Each unit package includes two-car
garage.
STRUCTURE:
Three-story wood frame over garage construction avoids costly podium,
concrete and steel expenses. Good project for modular construction.
Ready to obtain building permits!
PRICE:
$2,000,000
PDF FLYER:
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PDF DOCS
(0.5 to 2.0 MB - Recommend Right-Click - 'Save As'):
Front Elevation
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A-1 Elevation
|
A-2 Elevation
|
A-3 Sections
|
A-4 Unit Floor
Plans |
L-1 L1-1 Landscape
Plan |
Planning
Commission Resolution
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FOR SALE OR LEASE
PRIME OWNER-USER OFFICE BUILDING
EL CERRITO
LOCATION: 10240 San
Pablo Avenue near Lincoln Avenue.
DESCRIPTION: Approximately
4,450 square feet of nice office space in a two-story building on
a 13,000-square-foot parcel. Eleven (11) off-street parking
spaces. Easy walk to El Cerrito Plaza and BART. Only blocks from
80 and 580 freeway interchange.
Current tenant is relocating – building
to be delivered vacant at close of escrow.
► Please
do NOT Disturb Tenant ◄
FINANCING: 10% SBA available.
PRICE: $1,350,000 all
cash to Seller at COE.
LEASE RATE: $1.75 psf
/ Monthly, NNN.
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CONTACT EXCLUSIVE
AGENTS
Erik Housh
MRE Commercial Real Estate
510-450-1410 - ehoush@mrecommercial.com
John Donatoni
R&D Commercial Properties
925-945-1116 - rdcomml@pacbell.net
|
|
UNIQUE RESTAURANT
NIGHTCLUB /
CATERING / OFFICE FACILITY
AQUATIC PARK
BERKELEY
LOCATION: 1 Bolivar
Drive, at the foot of Addison Street.
DESCRIPTION: Originally
The Helmut Club (for firefighters), this building features a fully-operational
commercial kitchen of approximately 2,345 square feet, plus a 6,601-sq.ft.
(+/-) space comprising a large hexagonal open area with high ceilings,
stage, a large room with bar and fireplace, and several additional
office spaces. Short walk to BART and El Cerrito Plaza.
The parcel, approximately 18,872
sq.ft., is located in a beautiful setting abutting Aquatic Park.
Access to the Shoreline Park and running trail is by a bridge that
terminates at the edge of the property.
VARIABLE USE: Besides
being suitable for a restaurant, nightclub, and/or event facility,
the building can be used as a unique open office environment with
or without income generated by the kitchen space, currently leased
by a catering firm.
PARKING: About 37 off-street
parking spaces either on the property or on the adjacent city-owned
lot.
► Potential
Freeway Signage ◄
PRICE: $1,900,000
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PRIME SOLANO AVENUE OFFICE BUILDING
ALBANY
LOCATION:
1316 Solano Avenue, near Pomona.
DESCRIPTION:
Approximately 2,671 square feet of nice professional office space.
Approximately 4,270 sq.ft. parcel with five (5) off-street parking
spaces and pleasant rear patio area. Two stories with +/-1,388 sq.ft.
on the first floor with ample private office, a nice sized conference
room looking out onto the patio, a copy room, file room, reception
area, kitchenette and restroom. The second floor of +/-1,283 sq.ft.
includes six (6) nice private offices, an open area and a restroom.
Building currently being used as law offices.
PRICE:
$1,300,000
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PLEASE DO NOT
DISTURB TENANT!
CONTACT:
Erik Housh - 510-450-1410
|
ehoush@mrecommercial.com
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CONTAINER YARD / LAND
FOR SALE
RICHMOND
LOCATION:
636 South 8th Street, corner of Hoffman, adjacent freeway exits
of Harbour way and Marina exits.
DESCRIPTION:
Approximately 12,587 square feet of land. Permit to buy and
sell containers. Property zoned highway commercial, but permit
in place to buy and sell containers. About 40 Containers on site,
eight 40-foot containers and the balance of 20-foot containers,
included with sale.
PRICE:
$369,000
TERMS:
Owner will carry first with 30% down payment.
CONTACT:
Matt Gondak,
510.450-1434
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INVESTMENT/OWNER-USER OPPORTUNITY
5-UNIT MULTI-FAMILY BUILDING
BERKELEY
BIG PRICE REDUCTION!
LOCATION:
3151 Eton Avenue, corner of Claremont Avenue.
DESCRIPTION:
This is an excellent investment
/ owner-user property situated at a prime Claremont-Berkeley location
close to the University of California, public transportation, and
the Rockridge / Elmwood shopping areas.
Attractive Mediterranean-style
building with a vacant three-bedroom owner’s unit of approximately
1,565 square feet with garage and laundry. Two (2) one-bedroom units,
plus two (2) spacious two-bedroom units, the upper of which is vacant.
BUILDING SIZE:
Approximately 5,199 square feet.
LOT SIZE: Approximately
4,800 square feet.
PARKING: Security
garage.
CURRENT GRM:
14.92
CURRENT CAP:
4.0%
APN: 052-1563-166
PRICE:
$1,469,000 Now $1,395,000!
CONTACT:
Robert Englund - 510-450-1430
|
renglund@mrecommercial.com
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RETAIL / OFFICE BUILDING
GREAT SHATTUCK
AVE LOCATION WITH PARKING
BERKELEY
ADDRESS: 2323 Shattuck
Avenue, at Durant.
Map |
Directions
LOCATION: At the middle
of the busy downtown shopping district, three blocks from BART,
two blocks from the UC Berkeley Campus.
SIZE / CONFIGURATION:
Approximately 9,744 GSF. (+/-8,180 RSF). 1st Floor: 3,315
RSF. 2nd Floor: 2,421 RSF. 3rd Floor: 2,232 RSF.
Basement: 212 RSF.
DESCRIPTION: Designated
as a "Berkeley City Landmark," this very attractive building features
good visibility and large display windows, and would serve well
as a prime street-front retail venue, or with office space on the
ground floor, and offices on the 2nd and 3rd floors. Now vacant,
a great opportunity for an owner/user, or for an investor to lease
to a new market-rate tenant. A former bank, future possible uses
could include general retail, office, financial, educational institution,
and much more.
PARKING: Nine (9) spaces
within a private lot.
ZONING: C-2.
PRICE: At present, please
contact broker.
CONTACT: Roger Mills
510-450-1424
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roger_mills@msn.com
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SOLID OPPORTUNITY
13-UNIT MULTI-FAMILY BUILDING
BERKELEY
LOCATION: 1550 Walnut Street,
corner of Cedar.
Map |
Directions
DESCRIPTION: This is an excellent
investment property situated at a prime North Berkeley location
close to the University of California and the “Gourmet Ghetto.”
Seismic and recent extensive capital improvements are in place.
10 spacious two-bedroom, two-bath units: two one-bedroom units (1-PH):
and a three-bedroom, two-bath unit.
BUILDING SIZE: Approximately
15,171 square feet.
LOT SIZE: Approximately 8,535
square feet.
PARKING: Secure garage of
13-plus spaces, concrete and steel reinforced.
CURRENT GRM: 10.93
MARKET GRM: 8.88
CURRENT CAP: 5.6%
MARKET CAP: 7.7%
APN: 059-2260-013
PRICE: $2,700,000
CONTACT:
Erik Housh - 510-450-1410
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ehoush@mrecommercial.com
Robert Englund - 510-450-1430
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renglund@mrecommercial.com
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ANOTHER
SOLID OPPORTUNITY
15-UNIT MULTI-FAMILY BUILDING
BERKELEY
LOCATION: 1555 Oxford Street,
corner of Cedar.
Map |
Directions
DESCRIPTION: This is a trophy-quality
North Berkeley apartment property close to the University of California
and “Gourmet Ghetto.” Seismic refit and extensive recent capital
improvements. Views from many units. Comprised of 13 spacious two-bedroom,
two-bath units: a one-bedroom, one-bath: and a three-bedroom, 2.5
bath owner’s unit.
BUILDING SIZE: Approximately
17,562 square feet.
LOT SIZE: Approximately 12,017
square feet.
PARKING: Secure garage of
15-plus spaces, concrete and steel reinforced.
CURRENT GRM: 10.91
MARKET GRM: 9.96
CURRENT CAP: 5.7%
MARKET CAP: 6.5%
APN: 059-2256-018-01
PRICE: $3,600,00
CONTACT:
Robert Englund - 510-450-1430
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renglund@mrecommercial.com
Erik Housh - 510-450-1410 |
ehoush@mrecommercial.com
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INVESTMENT OPPORTUNITY
MULTI-FAMILY BUILDING
BERKELEY
LOCATION: 2607
Ellsworth Street, near Telegraph.
Map |
Directions
DESCRIPTION:
Five-story apartment building close to University of California,
Berkeley, comprised of 12 two-bedroom units and a one-bedroom unit.
Stucco over wood, composition roof in 2001, elevator and central
heat.
BUILDING SIZE:
Approximately 11,150 square feet.
LOT SIZE:
Approximately 6,375 square feet.
PARKING:
Enclosed garage of 13 spaces.
APN: 055-1833-018
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NUMBERS:
- CURRENT GRM:
10.78
- MARKET GRM: 8.95
- CURRENT CAP:
5.0%
- MARKET CAP: 6.8%
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Click for
Sat View |
PRICE:
$2,100,000
CONTACT: Robert
Englund, 510.450-1430 | ROBSKYI@aol.com
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AVAILABLE FOR PURCHASE
LEASED LIGHT INDUSTRIAL / OFFICE BUILDING
FOURTH STREET
BERKELEY
LOCATION: 2322-28 5th
Street & 2315-29 4th Street, Berkeley.
BUILDING SIZE: Approximately
34,514 square feet.
LOT SIZE: Four contiguous
parcels of approximately 48,045 square feet.
TENANT MIX: Approximately
95% leased to a diversified mix of 16 warehouse, light industrial
and office tenants.
UPSIDE: Low rents with
short term leases. Potential to reposition and/or redevelop the
site.
PROPERTY POSITIVES:
Superb West Berkeley location. Excellent access to I-80, the Bay
Bridge, UC Berkeley and all of the Greater Bay Area. Plentiful parking.
Ease of management & leasing. Walking distance to 4th St. shops,
restaurants, and aquatic park.
CONSTRUCTION: This commercial
complex is comprised of several structures joined together over
the years with parking to the north. The structures are a mix of
reinforced masonry, wood frame, and concrete block.
PRICE: $3,400,000
CONTACT:
Dick Odenheimer, 510-450-1414
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rodenheimer@mrecommercial.com
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OFFICE BUILDING
THREE UNITS PLUS
LEASED BILLBOARD
RICHMOND
LOCATION:
4505 MacDonald
Avenue
Map
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Directions
DESCRIPTION:
Across
the street from the old Wards store where the NEW TARGET STORE will
be built, this approximately 3,906-square-foot concrete office building
includes 15 parking spaces plus:
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Suite A -
An approximately 1,114-sq.ft. chiropractor office on a month to
month lease at $1,000 per.
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Suite B -
An
approximately 1,954-sq. ft. with four offices, large open area,
two restrooms (one with shower), large waiting room - now VACANT.
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Suite C -
An approximately 650-sq.ft. space leased at $600 per month until
January 31, 2005 (with three-year option).
-
Billboard
leased at $504 per month with about eight years remaining.
EXCELLENT FOR
OWNER OCCUPANT. GREAT LOCATION IN BOOMING AREA.
UNIT MIX: Three Office
Suites.
PRICE: $595,000
CONTACT:
Matt Gondak,
510.450-1434
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AVAILABLE FOR PURCHASE
12-UNITS / THREE
FOUR-PLEX APARTMENT BUILDINGS
BERKELEY
LOCATION:
901-923 Dwight Way
at 7th Street.
Map
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Directions
DESCRIPTION:
These
three well-located buildings are in close proximity to West Berkeley
/ Emeryville employment base – Bayer Corporation, Nolo Press, Chiron,
etc.
Most units have excellent improvements
– including refurbished kitchens, refinished hardwood floors, stacked
washer / dryers, electrical upgrades. There is a backyard area and
adjacent 12 parking spaces. The buildings are on separate parcels.
Some leases have separate agreements
for parking, appliances, water, trash.
UNIT MIX: 12 one-bedroom
apartments.
PRICE: $1,225,000
GRM: 10.82 / 8.95
CASH ON CASH: 5.2% / 28.0%
PRICE PER SQ. FT: $164.25
MORE FACTS: Built in
1943, two-story low-rise buildings, wood / stucco construction,
shingle roof, 12 uncovered parking spaces, gas wall heating, 5,000
sq. ft. lot.
CONTACT:
Robert Englund,
510.450-1430
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E-Mail
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AVAILABLE FOR
PURCHASE
FOUR UNITS AND COMMERCIAL STUDIO
NORTH BERKELEY
LOCATION:
1521-1527 Francisco Street at Sacramento.
Map
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Directions
DESCRIPTION:
At a superb residential North Berkeley location, this property is
comprised of four spacious one-bedroom apartments of approximately
1,000 square feet each.
UNIT FEATURES:
Hardwood
Floors.
- Built-in
Cabinets.
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Large
walk-in closets.
-
French
oak doors.
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Plentiful
storage.
-
Decks.
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Bay and
Hill views from upper floors.
Includes
a legally-permitted commercial studio and all units are separately
metered for water and PG&E. One block from the North Berkeley
Bart Station and an easy stroll to shopping, transportation and
great dining.
PRICE:
$700,000
GRM:
12.5
PRICE PER UNIT:
$175,000
PRICE PER SQ. FT:
$164.16
MORE INFO –
Four garage
/ storage spaces.
Approximate
lot size of 7,000 square feet.
Stucco
and wood frame construction.
Approximate
building area of 4,264 sq. ft.
Note: Unit 1523 is the owner’s
residence and property is being sold contingent upon owner leasing
back that apartment at a market rent of $1200 per month. Tenants
in 1525 and 1527 currently pay $880 per month. Scheduled is the
City of Berkeley Apparent Lawful Rent Ceiling.
CONTACT:
Robert Englund,
510.450-1430
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E-Mail
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AVAILABLE FOR PURCHASE
VICTORIAN DUPLEX
CENTRAL BERKELEY
LOCATION:
1917 Curtis Street at University.
Map
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Directions
UNIT MIX:
Two three-bedroom apartments.
DESCRIPTION:
A very well maintained,
highly attractive Victorian duplex. Recent improvements include
new roof, exterior paint and drainage system.
Upper unit comprises three-plus bedrooms,
one bath. Current rent is $2,030 per month.
Lower unit comprises three bedrooms,
one bath. Current rent is $1,795 per month.
The one-car garage rents for $165
per month.
ANNUAL INCOME:
$47,880
PRICE:
$500,000
GRM: 10.4
CONTACT:
Robert Englund,
510.450-1430 |
E-Mail
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All
information furnished herein was provided by sources deemed reliable,
but no representation is made or implied as to the accuracy thereof.
All information herein is offered in good faith, but is subject
to errors, omissions, change of price, prior sale, lease or financing,
withdrawal without notice, rental or other conditions.
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