MRE Commercial Real Estate - Emeryville, California

COMMERCIAL REAL ESTATE • BROKERAGE & INVESTMENTS
NORTHERN CALIFORNIA
Berkeley
Oakland Albany El Cerrito Richmond Alameda Emeryville Greater San Francisco Bay Area

 

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
 

$60 PSF

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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MAPPING LINKS:  Street View | Satellite | Map | Terrain | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

$2.995 M

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.

MAPPING LINKS:  Street View | Satellite | Map | Business Finder

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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

$1.395 M

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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MAPPING LINKS:  Street View | Satellite | Map | Terrain | Business Finder

CONTACT:  Roger Mills - 510-450-1424 | rmills@mrecommercial.com

$1.3 M

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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MAPPING LINKS:  Street View | Satellite | Map | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

$1.223 M

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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MAPPING LINKS:  Street View | Satellite | Map | Business Finder

CONTACT:  Matt Gondak - 510-450-1434 | mgondak@mrecommercial.com

$1.15 M

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

$1.05 M

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.

MAPPING LINKS:  Satellite | Map | Business Finder

PDF FLYER:  ►  New Window or Right-Click 'Save As' for Direct Download

ALSO AVAILABLE:  See 12300 San Pablo Avenue, 50 feet away, for sale by same owner.

CONTACT:  Roger Mills - 510-450-1424 | rmills@mrecommercial.com

$1 M

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

MAPPING LINKS:  Satellite | Map | Hybrid | Business Finder

CONTACT:  Matt Gondak - 510-450-1434 | mgondak@mrecommercial.com

$895 K

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!

MAPPING LINKS:  Satellite | Map | Terrain | Business Finder

CONTACT:  Roger Mills - 510-450-1424 | rmills@mrecommercial.com

$845 K

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.

MAPPING LINKS:  Street View | Satellite | Map | Business Finder

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CONTACT:  Matt Gondak - 510-450-1434 | mgondak@mrecommercial.com

$675 K

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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LINKS:  Street View | Satellite | Map | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

RECENT COMPLETED / PENDING TRANSACTIONS ▼

>>> SOLD <<<

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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MAPPING LINKS:  Street View | Satellite | Map | Terrain | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

>>> SOLD <<<

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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MAPPING LINKS:  Street View | Satellite | Map | Terrain | Business Finder

CONTACT:  Roger Mills - 510-450-1424 | rmills@mrecommercial.com

>>> LEASED WITH OPTION TO PURCHASE <<<

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

MAPPING LINKS:  Satellite | Map | Terrain | Business Finder

CONTACT:  Roger Mills - 510-450-1424 | rmills@mrecommercial.com

>>> SOLD <<<

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:  ►  New Window or Right-Click 'Save As' for Direct Download

PDF DOCS (0.5 to 2.0 MB - Recommend Right-Click - 'Save As'):  Front Elevation | Combined Rendering | A-0 A-0 Site Plan | A-1 Elevation | A-2 Elevation | A-3 Sections | A-4 Unit Floor Plans | L-1 L1-1 Landscape Plan | Planning Commission Resolution

MAPPING LINKS:  Satellite | Map | Hybrid | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

>>> SOLD <<<

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.

PDF DOCS (New Window or Right-Click - 'Save As'):  One-Page Flyer | Full Package (2 MB)

MAPPING LINKS
Street View
| Satellite | Map | Terrain | Business Finder

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

>>> SOLD <<<

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

PDF FLYER:  ►  New Window or Right-Click 'Save As' for Direct Download

MAPPING LINKS:  Satellite | Map | Terrain | Business Finder

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

>>> SOLD <<<

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

PDF FLYER:  ►  New Window or Right-Click 'Save As' for Direct Download

PLEASE DO NOT DISTURB TENANT!

CONTACT:  Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

LOCALIZED LINKS
Satellite
| Map | Hybrid | Business Finder

>>> SOLD <<<

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

LOCALIZED LINKS
Satellite | Map | Hybrid | Business Finder

>>> SOLD <<<

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

PDF DOWNLOAD (Opens new window or Right-Click to 'Save As' to hard drive.)
>
►  Flyer

> ►  Income / Expense Summary
>
►  RSB Notice of Decision
>
►  Building History
>
►  Capital Improvements

LOCALIZED LINKS
Satellite
| Map | Hybrid | Business Finder

>>> SOLD <<<

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 | roger_mills@msn.com

>>> SOLD <<<

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
| ehoush@mrecommercial.com
Robert Englund  - 510-450-1430
| renglund@mrecommercial.com

>>> SOLD <<<

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
| renglund@mrecommercial.com
Erik Housh - 510-450-1410 | ehoush@mrecommercial.com

>>> SOLD <<<

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

NUMBERS:

  • CURRENT GRM:  10.78
  • MARKET GRM:  8.95
  • CURRENT CAP:  5.0%
  • MARKET CAP:  6.8%
  Click to Sat View
Click for Sat View

PRICE:  $2,100,000

CONTACT: Robert Englund, 510.450-1430 | ROBSKYI@aol.com

>>> SOLD <<<

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 | rodenheimer@mrecommercial.com

>>> SOLD <<<

OFFICE BUILDING
THREE UNITS PLUS LEASED BILLBOARD
RICHMOND

LOCATION:  4505 MacDonald Avenue  Map | 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:

  • Suite A - An approximately 1,114-sq.ft. chiropractor office on a month to month lease at $1,000 per.

  • Suite B - An approximately 1,954-sq. ft. with four offices, large open area, two restrooms (one with shower), large waiting room - now VACANT.

  • 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

>>> SOLD <<<

AVAILABLE FOR PURCHASE
12-UNITS / THREE FOUR-PLEX APARTMENT BUILDINGS
BERKELEY

LOCATION:  901-923 Dwight Way at 7th Street.  Map | 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 | E-Mail

>>> SOLD <<<

AVAILABLE FOR PURCHASE
FOUR UNITS AND COMMERCIAL STUDIO
NORTH BERKELEY

LOCATION: 1521-1527 Francisco Street at Sacramento.  Map | 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.
  • Large walk-in closets.
  • French oak doors.
  • Plentiful storage.
  • Decks.
  • 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 | E-Mail

>>> SOLD <<<

AVAILABLE FOR PURCHASE
VICTORIAN DUPLEX
CENTRAL BERKELEY

LOCATION: 1917 Curtis Street at University.  Map | 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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