About 982 University Avenue
Discover a versatile investment opportunity in Berkeley! This mixed-use property features a turn-key restaurant space on the ground floor, complete with a partially equipped kitchen and historically significant bar, ideal for restaurateurs looking to launch or expand in Berkeley's vibrant market. The upper floor includes two spacious 1-bedroom apartments (rented at $1900 & $1700 per month), providing additional rental income in a high-demand area. Both units offer bright, comfortable living spaces. There is also a large storage structure behind the property on a decent size back yard. Located on a bustling stretch of University Avenue, the property is just minutes from UC Berkeley, local transit, and a variety of shops, dining, and amenities, ensuring a steady flow of foot traffic and potential clientele. Whether you're an investor, owner-operator, or developer, this property offers immediate income potential and a prime location in the heart of Berkeley.
Features of 982 University Avenue
| MLS® # | 424076798 |
|---|---|
| Price | $1,198,000 |
| Bathrooms | 0.00 |
| Acres | 0.08 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 982 University Avenue |
|---|---|
| Area | Berkeley Map Area 6 |
| City | Berkeley |
| County | Alameda |
| State | CA |
| Zip Code | 94710 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | Airport Nearby, BART Nearby, City Lot, Hotel/Motel Nearby, Near Public Transit, Restaurant Nearby, Shopping Nearby |
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Additional Information
| Date Listed | October 28th, 2024 |
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Listing Details
| Agent | Brian Merrion |
|---|---|
| Office | Brian A. Merrion, Broker |