893 Neilson Street, Berkeley CA

This Prominently featured Mixed-Use building is situated on a prime corner parcel on the Berkeley/Albany border. A two-story building with expansive frontage and south facing exposure, allows for an abundance of natural light. With (3) commercial/retail spaces at street level and (4) residential units on the second floor, this property has a balance unit-mix that appeals to a broader renter base. The investment offers excellent upside potential for an owner/user or investor as (2) commercial/retail spaces and (2) residential spaces have been updated and delivered vacant. The building also has recent capital improvements that include a new roof, new paint, and an exterior building restoration for starters. Adorned with period charm that has been nicely preserved add to the overall aesthetics, while a private parking area and rear yard lend to the expansiveness of the parcel.

Conveniently located in one of the East Bay’s most popular enclaves, the property boasts a Walking Score of 95 as many eateries, cafes, boutiques, shopping and transportation are within walking distance. Don’t miss this unique opportunity.

PRICE / SF: $338
BUILDING SIZE: +/-5,600 SF
PARCEL SIZE: +/-5,323 SF
YEAR BUILT: 1928
APN: 062-2870-020-00 

Contact Brokers for photos of occupied units.

Additional photos and estimated income + expenses available upon request.