PhotoStreet View
Photo

1922 Martin Luther King Jr. Way, Berkeley CA

+/- 620 RSF • $95,000 • Available
Price
$95,000
Size
+/- 620 RSF
Highlights

Downtown Berkeley food opportunity for sale. Stylish gelato shop just one block off busy University Avenue. Vibrant location with tremendous foot traffic – Trader Joe’s is across street. Bright, open space with large window frontage at signalized intersection. Adjacent to Eclipxe Hair Salon, Park Place Design, Saxcraft/Saxology, and Baiano Pizzeria.

Key Money: $95,000 includes FF&E
(see brochure for FF&E list)

Terms
– Monthly Rent: $1,745 IG
– Annual CAM charges: $460 (includes EBMUD and refuse)
– Annual Rent Increases: 3%
– Lease End Date: December 14, 2021
– One 5-year option

Property Highlights

  • Plug & Play gelato shop with production area
  • Retail space in front
  • Production space with clean room in the rear
  • Track lighting, pendant lighting
  • 1 restroom
  • Handicapped accessible

Retail Space

  • Counter seating with 5 stools, and hardwood floors
  • Igloo undercounter refrigerator
  • Beautiful gelato display case, with shiplap surround
  • POS system

Production Space

  • Concrete floors with drainage, and FRP panel throughout
  • Separate storage area

Neighborhood

  • Walk to UC Berkeley and BART
  • 1 block to busy University Avenue, 2 blocks to Shattuck Avenue, and Downtown Arts District
  • 2 blocks to UC Berkeley Extension, 3 blocks to Berkeley High School, and Berkeley City College
  • Near live music, performing arts, museums, galleries, and sporting events
  • In vicinity of several coworking spaces, and fitness/gyms
  • Close to several new and proposed student housing developments
  • Easy freeway access

Do not disturb tenant. Please contact broker for tours. 

 

Inquire

Get more information about this property.