Retail Space
1015 University Avenue Berkeley, CA 94710
Details & Description
Price: $3,995,000
    The Mitchell Warren Team of NAI Northern California is pleased to present 1015-1027 University Avenue. Located on the corner of a highly trafficked intersection in Berkeley, CA location, this 15-unit property consists of four ground-floor commercial spaces; one large 4-bedroom, 1-bathroom apartment; one 2-bedroom, 1-bathroom apartment; five 1-bedroom, 1-bathroom apartments; and four studios. The property offers off-street parking, on-site laundry, a fantastic central location, and billboard income. In addition, all commercial tenants are paying for their utilities. This is a great opportunity to acquire an asset in a highly desirable Northwest Berkeley location with significant rental upside.1015-1027 University Avenue is located in an ideal location in Northwest Berkeley. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Pete's Coffee, the Apple Store, and SoulCycle, just to name a few. A few blocks east are daily conveniences such as Target and Strawberry Creek Park, truly adding to the desirability of this location. Tenants will see the benefit of having easy access to North Berkeley BART, city bus lines, and I-80, offering access throughout the Bay Area. This fantastic location will continue to demand premium rents and maintain a very low vacancy rate.
    Property Highlights
    Additional Photos
    Listing Agents
    Randell Silva

    O: 510-244-4667
    M: 209-740-1251
    rsilva@nainorcal.com
    Tim Warren

    O: 510-336-4719
    M: 707-363-2463
    twarren@nainorcal.com
    Kent Mitchell

    O: 510-548-2554
    M: 510-919-4919
    kent@nainorcal.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1015 University Avenue

    Berkeley, CA 94710

    Listing ID: 250400
    • 1015 University Avenue Berkeley, CA 94710 | for Sale | Photo 1
    • 1015 University Avenue Berkeley, CA 94710 | for Sale | Photo 2
    • 1015 University Avenue Berkeley, CA 94710 | for Sale | Photo 3
    • 1015 University Avenue Berkeley, CA 94710 | for Sale | Photo 4
    1015 University Avenue | for Sale | Thumbnail 1
    1015 University Avenue | for Sale | Thumbnail 2
    1015 University Avenue | for Sale | Thumbnail 3
    1015 University Avenue | for Sale | Thumbnail 4
    Building Size: 10,484 SF
    Lot Size: 0.200 AC
    Land Size: 8,712 SF
    Building $/SF: $381.06
    Land $/SF: $458.56
    Price
    $3,995,000
    Property Highlights
    Located on the highly trafficked corner of University Ave and San Pablo Ave
    Fully occupied and up-to-date rent collections
    Additional billboard income
    Contains four ground-floor commercial spaces, and eleven residential apartments
    Off-street parking and on-site laundry
    Highly desirable Northwest Berkeley location with significant rental upside
    Description

    The Mitchell Warren Team of NAI Northern California is pleased to present 1015-1027 University Avenue. Located on the corner of a highly trafficked intersection in Berkeley, CA location, this 15-unit property consists of four ground-floor commercial spaces; one large 4-bedroom, 1-bathroom apartment; one 2-bedroom, 1-bathroom apartment; five 1-bedroom, 1-bathroom apartments; and four studios. The property offers off-street parking, on-site laundry, a fantastic central location, and billboard income. In addition, all commercial tenants are paying for their utilities. This is a great opportunity to acquire an asset in a highly desirable Northwest Berkeley location with significant rental upside.

    1015-1027 University Avenue is located in an ideal location in Northwest Berkeley. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Pete's Coffee, the Apple Store, and SoulCycle, just to name a few. A few blocks east are daily conveniences such as Target and Strawberry Creek Park, truly adding to the desirability of this location. Tenants will see the benefit of having easy access to North Berkeley BART, city bus lines, and I-80, offering access throughout the Bay Area. This fantastic location will continue to demand premium rents and maintain a very low vacancy rate.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oakland History of Retail Space for Sale

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    Berkeley Area Market Trends

    Listing Demographics for 1015 University Avenue Berkeley, CA 94710

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population28,075219,408403,765
    Population Median Age393839
    Population by Age0-9 Yrs2778 (9%)18364 (8%)34534 (8%)
    10-19 Yrs2679 (9%)25235 (11%)40426 (10%)
    20-29 Yrs4901 (17%)48298 (22%)79021 (19%)
    30-39 Yrs4629 (16%)36503 (16%)72773 (18%)
    40-49 Yrs4234 (15%)26258 (11%)50756 (12%)
    50-59 Yrs3079 (10%)22394 (10%)44425 (11%)
    60-69 Yrs3084 (10%)21876 (9%)42048 (10%)
    70+ Yrs2691 (9%)20479 (9%)39782 (9%)
    Median HH Income$86,799$91,674$88,520
    Total Household Income< 24K2153 (17%)14631 (16%)29203 (17%)
    25-49K1729 (14%)12849 (14%)24173 (14%)
    50-74K1600 (13%)10723 (12%)20719 (12%)
    75-99K1231 (10%)9551 (10%)18806 (11%)
    100-199K3637 (29%)24361 (27%)44592 (26%)
    200K+1775 (14%)17033 (19%)31041 (18%)
    Highest Education LevelNo Diploma961645318950
    Diploma or GED17111177028945
    Some College32971837240627
    Assoc. Degree961767416483
    Bachelors Degree70745174596528
    Higher Degree68315541092007
    Total Housing Units12,92895,531180,061
    --Owner-Occupied5,22438,39769,260
    --Renter-Occupied6,90050,75199,275
    Owner-Occupied Values< 100K1056681376
    100-199K744781169
    200-299K6912872252
    300-399K11825325056
    400-499K23723105460
    500K+46213112253947
    Total Working Age Population23,604191,060350,384
    In Work Force16,257126,352237,051
    Not In Work Force7,34764,708113,333
    Workforce Employed15,558120,135224,154
    Workforce Unemployed6996,15712,804
    Civlian Workforce16,257126,292236,959
    Military Workforce06092
    Total Households12,12489,148168,534
    Family Households6,08942,66880,704
    Non-Family Households6,03546,48087,830
    Married Couple4,31432,36959,292
    Other Family1,77510,29921,412
    Married w/Child1,88513,38023,013
    Single Male w/Child3081,2272,235
    Single Female w/Child6463,3257,147

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Alameda County1,443,741+51,510,271+121,696,752+101,861,027
    Contra Costa County948,816+111,049,025+121,171,305+111,296,786
    Marin County247,289+2252,409+4263,085+2267,912
    San Francisco County776,733+4805,235+12903,294+8976,481

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1015 University Avenue in Berkeley?
    The asking price for 1015 University Avenue is $3,995,000
    What is the building size of this Retail property in Berkeley, CA?
    The size of the building/unit at 1015 University Avenue in Berkeley is 10,484 square feet
    How much land does the Berkeley, CA property at 1015 University Avenue include?
    1015 University Avenue in Berkeley includes 0.200 acres of land
    What kind of Retail is the propery at 1015 University Avenue?
    The property at 1015 University Avenue Berkeley, CA 94710 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1015 University Avenue in Berkeley?
    The population within 1 mile of 1015 University Avenue Berkeley, CA 94710 is 28,075 people.
    Who do I contact for questions about 1015 University Avenue?
    You should contact the listing agent, Randell Silva, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

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    Closest Commercial Airports

    Airport Distance (mi)
    Metropolitan Oakland International Airport (OAK) 11
    San Francisco International Airport (SFO) 18
    Norman Y. Mineta San Jose International Airport (SJC) 40