855.375.4001
Listing Courtesy of: Vincent Heung - Compass 650-375-1111
$1,890,000 affordable loan icon Calculate Payment

2811-2815 Telegraph Avenue Berkeley, CA 94705

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Mixed Use Residence
6 Beds
5 Baths
... Bed/Bath
5,253 Sq. Ft.

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Last updated on 12/4/2024 7:35 PM
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 equipp...ed 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! Continue reading
MLS#
424081532
Property Type
Mixed Use
Bedrooms
6
Bathrooms
Year Built
1908
Square Feet
5,253 sq. ft
Lot Size
0.12
Sewer
Public Sewer

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Listing Courtesy of: Vincent Heung - Compass 650-375-1111

Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

This content last refreshed on 12/4/2024 7:35 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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