0000 University AveBerkeley, CA 94710
- Hospitality properties
- 5,824 SF
Property Details for 0000 University Ave
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 5,824 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This turnkey hotel in downtown Berkeley, California presents a unique investment opportunity. The property boasts 22 keys/rooms, a management office, and a back storage/laundry room, all within a 5,824 square foot building situated on a 0.4-acre corner lot. Its prime location offers easy access to I-580 and benefits from large, highly visible signage, ensuring strong brand recognition. Currently operating with below-market rates, this presents a significant opportunity to increase revenue. The hotel is well-established and enjoys a positive reputation within the community. Security features include a video camera system. The asking price is $7,200,000, translating to $1,236.26 per square foot. The property includes both the business and the real estate. Further details are available in the offering memorandum. Please note that access to the property is by appointment only, per seller's request. The address is 0000 University Ave, Berkeley, CA 94710.
Location Insight
- City
- Berkeley
- County
- Alameda
- State
- California
- Latitude
- 37.8689
- Longitude
- -122.293
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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