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Listed by Justin T Wong SVN/Pacific Commercial Advisors
$3,990,000
Est. payment /mo
14,260 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 14,260 sqft
Price per Sqft $279
MLS Listing ID 426138714
HOA Y/N No
Year Built 1985
Lot Size 0.295 Acres
Acres 0.2953
Property Sub-Type Office
Property Description
SVN Pacific Commercial Advisors is pleased to present 2550 Shattuck Avenue, a rare opportunity to acquire a 14,260 square foot commercial building situated on a 12,862 square foot parcel in the heart of Berkeley. The property is currently occupied by an educational user under a triple-net (NNN) lease, providing investors with a stable income stream while the tenant is responsible for property taxes, insurance, maintenance, and operating expenses. Located along the Shattuck Avenue corridor, the property benefits from strong visibility, convenient access to Downtown Berkeley, UC Berkeley, BART, and surrounding neighborhood amenities. The building's substantial size, on-site parking, and strategic location create a unique opportunity for continued commercial use, owner-user occupancy, or long-term repositioning. In addition to its existing income stream, buyers may wish to evaluate future mixed-use redevelopment opportunities, potentially incorporating ground-floor commercial space with multifamily residential units above, subject to independent verification and City of Berkeley approvals.
Location
State CA
County Alameda
Area Berkeley Map Area 8
Zoning C-2
Interior
Fireplace No
Building
Lot Description Airport Nearby, BART Nearby, City Lot, Hospital Nearby
Story 2
New Construction No
Others
Tax ID 55182111
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NEARBY SCHOOL & BUSINESS
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