PhotoStreet View
2529-2533 Telegraph Avenue, Berkeley CA
Price
Call Broker
Size
+/- 5,656 RSF
Highlights
Premium location! Prime development opportunity in Southside District near UC Berkeley.
+/-5,656 SF Building
+/-6,118 SF Parcel
Year Built: 1961
APN: 55-1839-15-2
DEVELOPMENT STUDY AVAILABLE UPON REQUEST.
- Single-story building to be delivered partially vacant with short-term tenant
- Nice window frontage on busy Telegraph Avenue
- 5 blocks to UC Berkeley
- Amid Southside shops, restaurants, bookstores, and street vendors
- Walking distance to over 119,166 live theater, music, movie theater and sports venue seats
- High vehicle and pedestrian traffic on busy corridor
- Excellent access to mass transit
- AC Transit Line 6 stops at corner of Dwight every 15 minutes going to/from Downtown Berkeley BART (8 minute bus ride)
- Busy Telegraph Avenue is a major bus/vehicle route extending from UC Berkeley into Downtown Oakland
- High traffic counts (38,991 at Blake Street)
- Area undergoing growing residential density, with many new housing projects underway nearby
- Experiencing explosive growth, new housing cannot be built quickly enough to catch up with housing requirements and student housing demand near UC Berkeley
- Submarkets like Berkeley have become some of the most desirable regions in the world for investment and development