2811-2815 Telegraph AveBerkeley, CA 94705

Property Details for 2811-2815 Telegraph Ave

Year built

1908

Property size (Sq ft)

5,253 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional Berkeley mixed-use property at 2811-2815 Telegraph Avenue presents a unique investment opportunity. The 5,253 square foot building, constructed in 1908, sits on a 5,323 square foot lot and boasts a 7.42% cap rate with a Net Operating Income (NOI) of $140,201. The asking price is $1,890,000, translating to $360 per square foot. The ground floor features a vacant, fully equipped commercial kitchen space, previously housing a renowned restaurant. Above, three 2-bedroom, 1-bathroom residential units provide diverse income streams

Location Insight

City

Berkeley

County

Alameda

State

California

Latitude

37.8591

Longitude

-122.259

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