2959 San Pablo Ave - High-Visibility Development Opportunity
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2959 San Pablo Ave - High-Visibility Development Opportunity
0.26 Acres of Commercial Land in Berkeley, CA 94702
Investment Highlights
- Flat, corner lot in prime West Berkeley location!
- Flexible C-W Zoning allows many uses
- Minutes away from two of the strongest job markets in the Country
- Proximity to transit, major freeways plus Walk Score 85 // Bike Score 99
Executive Summary
2959 San Pablo Avenue is an exciting infill mixed-use development opportunity located in West Berkeley at the Southwest corner of San Pablo Avenue and Burnett Street and is situated in the West Berkeley Commercial Zoning District (C-W). The site is a +/- 11,364 sf lot with a +/- 1,140 sf auto building (per tax records) and is currently occupied by an automotive tenant (Smog Tests ONLY) on a shorter-term lease. Potential uses could be apartments, condos, affordable or senior housing, retail re-development or automotive.
New housing cannot be built fast enough to catch up with the rising number of high paying jobs created in the Bay Area. For this reason, submarkets like Berkeley have become some of the most desirable regions in the world for investment and development.
Located minutes away from two of the strongest job markets in the country in San Francisco and Oakland, this transit-oriented location gives residents easy access to the entire Bay Area. The property is in walking distance to several AC Transit bus stops, is within 1.1 miles from the Ashby BART station and offers easy access to Interstate 80 & 580, Highway 13 (Ashby Ave.) & 128 (San Pablo Ave.).
The property features a high Walk Score of 85/Very Walkable and a Bike Score of 99/Biker’s Paradise, allowing residents to easily enjoy the eclectic mix of local shops, restaurants and businesses. The site is in the San Pablo Corridor Neighborhood (www.sfgate.com/neighborhoods/eb/sanpablo) and falls within the West Berkeley Design Loop (www.westberkeleydesignloop.org).
New housing cannot be built fast enough to catch up with the rising number of high paying jobs created in the Bay Area. For this reason, submarkets like Berkeley have become some of the most desirable regions in the world for investment and development.
Located minutes away from two of the strongest job markets in the country in San Francisco and Oakland, this transit-oriented location gives residents easy access to the entire Bay Area. The property is in walking distance to several AC Transit bus stops, is within 1.1 miles from the Ashby BART station and offers easy access to Interstate 80 & 580, Highway 13 (Ashby Ave.) & 128 (San Pablo Ave.).
The property features a high Walk Score of 85/Very Walkable and a Bike Score of 99/Biker’s Paradise, allowing residents to easily enjoy the eclectic mix of local shops, restaurants and businesses. The site is in the San Pablo Corridor Neighborhood (www.sfgate.com/neighborhoods/eb/sanpablo) and falls within the West Berkeley Design Loop (www.westberkeleydesignloop.org).
Property Facts
1 Lot Available
Lot
Lot Size | 0.26 AC |
Lot Size | 0.26 AC |
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
Parcel Number | 053-1629-019-01 | Improvements Assessment | $13,701 |
Land Assessment | $62,737 | Total Assessment | $76,438 |
PROPERTY TAXES
Parcel Number
053-1629-019-01
Land Assessment
$62,737
Improvements Assessment
$13,701
Total Assessment
$76,438
zoning
Zoning Code | C-W |
C-W |
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2959 San Pablo Ave - High-Visibility Development Opportunity
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