Price:

$1,200,000

Building Size:

4,265 SF

Price/SF:

$281.36

Property Type:

Retail

Property Sub-type:

Free Standing Bldg

Additional Sub-types:

Restaurant

Property Use Type:

Investment

Commission Split:

3%

Cap Rate:

2.69%

No. Stories:

2

Tenancy:

Single

Lot Size:

0.25 AC

APN / Parcel ID:

15-1370-11

Listing ID

18689130

Description

This 2 story landmark building on approximately 11,000 square feet of prime real estate consists of a restaurant, a full service sports bar, 2 rental units. licenses, and Catering Service. Benefits include 2 revenue-generating businesses, live/work space on premises. This property will be shown by appointment only. Principles must be accompanied by agents. Agents can schedule showings by calling the listing agent.

This site is accessed by major thoroughfares of the Oakland Bay Bridge (I-80, I-580, and Hwy 24; just minutes to the University of California Berkeley. This location enjoys tremendous exposure to an estimated 20,000 vehicles per day. Rental units will be delivered vacant.

Financial Summary

• Actual
• Net Operating Income
  $54,000