PhotoStreet View
1001-1011 University Avenue, Berkeley
Price
Size
+/- 29,651 rentable sq. ft. (3 buildings)
+/- 37,704 sq. ft. lot (3 parcels) RSF
+/- 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