$1,890,000
- Beds
- 6
- Baths
- 3.0
- sq ft
- 5,253
2811-2815 Telegraph Ave, Berkeley, CA 94705
2811-2815 Telegraph Ave
Berkeley, CA 94705
- 30 days on market
7.42% current Cap Rate. Unlock the potential of this exceptional mixed-use property located just steps from the University of Berkeley campus! The spacious ground floor features a vacant restaurant space that was formerly home to the renowned Tai Shan Chinese restaurant, complete with a fully equipped kitchenperfect for an owner-operator looking to start their own culinary venture. This setup allows the owner to operate their business while receiving rental income from the upper residential units, effectively offsetting expenses. The upper level consists of three residential units, with two units currently tenant-occupied and one additional unit available for immediate leasing or owner occupancy. Additionally, there is a bonus unit located in the back of the property, further enhancing your investment potential. Situated on high-traffic Telegraph Avenue, this property offers excellent visibility and foot traffic, making it ideal for a variety of business endeavors. Whether you're an investor seeking a property with multiple income streams or an entrepreneur ready to launch your dream restaurant, this property is a must-see. Don't miss out on this incredible opportunity in a vibrant and sought-after Berkeley neighborhood!
Details
Property type
Mixed Use
Lot size
5,324 sq ft
Price per sq ft
$360
Year built
1908
HOA
No
Price History
11/22/2024
SFAR #424081532
Listed
$1,890,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/22/2024 at 12:25 AM
Listing updated: 12/02/2024 at 11:11 AM
Listed by: Vincent Heung, Compass
MLS: SFAR #424081532
Recently listed in Berkeley
$1,250,000|2 bd|1.0 ba|House
$1,599,000|8 bd|4.0 ba|House
$1,600,000|3 bd|2.0 ba|Townhouse
$695,000|2 bd|1.0 ba|Condo
$749,000|2 bd|1.0 ba|Condo
$750,000|2 bd|1.0 ba|House
$778,000|1 bd|1.0 ba|Condo
$2,199,000|10 bd|5.0 ba|House
$1,949,000|4 bd|4.0 ba|House
$1,890,000|6 bd|3.0 ba|
Explore top cities in California