982 University AveBerkeley, CA 94710

This exceptional mixed-use property at 982 University Avenue in Berkeley, California, presents a compelling investment opportunity. The ground floor boasts a fully operational restaurant space, ready for immediate use. The kitchen is partially equipped, and a historically significant bar adds character and potential for a unique dining experience. This turnkey setup is perfect for established restaurateurs or ambitious newcomers seeking to capitalize on Berkeley's thriving culinary scene. Upstairs, two spacious one-bedroom apartments generate consistent rental income, currently leased at $1900 and $1700 per month respectively. Both units are bright and comfortable, appealing to the high demand for rental housing in this desirable area. Adding to the property's value is a substantial storage structure located in the sizable backyard (0.08 acres). The property's enviable location on University Avenue places it within easy reach of UC Berkeley, public transportation, and a wealth of shops and restaurants, guaranteeing high foot traffic and a strong customer base. This property offers immediate income potential and significant long-term growth prospects, making it an ideal investment for owner-operators, developers, or investors seeking a prime location in the heart of Berkeley. The asking price is $1,198,000.