982 University Avenue
$1,198,000
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Description
Discover a versatile investment opportunity in Berkeley! This mixed-use property features a turn-key restaurant space on the ground floor, complete with a partially equipped kitchen and historically significant bar, ideal for restaurateurs looking to launch or expand in Berkeley's vibrant market. The upper floor includes two spacious 1-bedroom apartments (rented at $1900 & $1700 per month), providing additional rental income in a high-demand area. Both units offer bright, comfortable living spaces....Discover a versatile investment opportunity in Berkeley! This mixed-use property features a turn-key restaurant space on the ground floor, complete with a partially equipped kitchen and historically significant bar, ideal for restaurateurs looking to launch or expand in Berkeley's vibrant market. The upper floor includes two spacious 1-bedroom apartments (rented at $1900 & $1700 per month), providing additional rental income in a high-demand area. Both units offer bright, comfortable living spaces. There is also a large storage structure behind the property on a decent size back yard. Located on a bustling stretch of University Avenue, the property is just minutes from UC Berkeley, local transit, and a variety of shops, dining, and amenities, ensuring a steady flow of foot traffic and potential clientele. Whether you're an investor, owner-operator, or developer, this property offers immediate income potential and a prime location in the heart of Berkeley.
- Listed by Brian Merrion • DRE #01940486 • Brokerage DRE #01940486 • Brian A. Merrion, Broker
Property Details for 982 University Avenue
Cross Street
8th
Total Parking Spaces0
LISTING UPDATED: 10/28/2024 04:47 PM
Property Details for 982 University Avenue
Status | Active |
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MLS # | 424076798 |
Days on Compass | 54 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale / Mixed Use |
Year Built | - |
Lot Size | 0.08 AC / 3,497 SF |
County | Alameda County |
Building Information for 982 University Avenue
Stories-Residences-Year Built-Lot Size0.08 AC / 3,497 SF
Property Information for 982 University Avenue
Property History for 982 University Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 982 University Avenue
Taxable ValueLand$51,794Additions$49,308Total$101,102
Tax Record2024$7,606 ($634 / month)
Home Facts
Total Finished SqFt3,436 SqFtAbove Grade Finished SqFt3,436 SqFtStories2Lot Size3,500 SqFtStyleOffice BuildingYear Built1893Year Renovated1925CountyALAMEDAAPN56-1972-4
Schools near 982 University Avenue
This home is within Berkeley Unified School District.
Rating | School | Type | Grades | Distance |
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Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 | |||
Public - | K to 5 |
Rating | School | Distance |
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Ruth Acty Elementary PublicK to 5 | ||
Berkeley Arts Magnet at Whittier School PublicK to 5 | ||
Thousand Oaks Elementary School PublicK to 5 | ||
Rosa Parks Environmental Science Magnet School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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