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1001-1011 University Avenue, Berkeley

+/- 29,651 Sq Ft • Completed
Price
Size
+/- 29,651 rentable sq. ft. (3 buildings)
+/- 37,704 sq. ft. lot (3 parcels) RSF
Highlights

The Property, situated in West Berkeley and along the University Avenue corridor, features rapidly growing density in a bustling commercial stretch bridging a major freeway and the Berkeley community up to UC Berkeley. Own a significantly renovated 3-building complex stretching a full city block. Four lanes of heavily traveled University Avenue and a well rounded mix of retailers and restaurants makes this an optimal investment through an immediate income stream and a broad potential of future creative reuse prospects as the area continues to thrive.

  • Highly visible Full Block Frontage on University Avenue
  • Buildings significantly renovated in 2010/2011 for Premier Cru Retail, Premier Cru Warehouse, and Bauman College
  • Site consists of a parking lot and three leased buildings on heavily-trafficked University Avenue
  • Along main thoroughfare from I-80 to UC Berkeley
  • 260 feet of frontage on University Avenue with a depth of 140 feet on 10th Street and 150 feet on 9th Street
  • 5 blocks to Berkeley’s 4th Street regional shopping district
  • Nearby to San Pablo Avenue – home to a wide variety of home furnishings, accessories and home improvement stores
  • Potential for add-value developers to reposition a significant plot on Berkeley’s prominent University Avenue
  • Opportunity for Partial Owner-User
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