Front Exterior
Fabulous Mixed-Use Complex
Corner of San Pablo & Virginia
1639-59 San Pablo Avenue, Berkeley
Offered At: $2,175,000
Well located in highly traveled area near desirable 4th Street in a steadily improving area.
- Approximately 16,000 sq. ft. lot
- Buildings are a well-integrated connected complex of 12,000 sq. ft. on two levels
- Flexible rental spaces include:
4 store fronts (3 on San Pablo and 1 on Virginia
4 living units and 10 office-studio spaces - There is an additional 2,500 sq. ft. lot on Virginia included
- Property is currently under rented (perhaps 30% - 50%)
- Total current rents are $120,900 annually
- Projected rents of $1/ft for offices and $1.25/ft for store fronts would be $180,000 annually.
call Barbara Hendrickson
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