Leased Investment & Development Site
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Leased Investment & Development Site
2 Industrial Properties Offered at $10,000,000 in Berkeley, CA
Investment Highlights
- Three light industrial buildings & one level development site.
- Allowable building height of 45’ by permit.
- Views of San Francisco Bay.
- 100% leased multi-tenant & single tenant buildings.
- FAR of 2 in MULI zone.
- Four blocks to BART Shuttle route and Fourth Street shops and restaurants.
Executive Summary
West Berkeley Leased Investment plus Development Site. Three light industrial buildings totaling 34,300 sq.ft., 12 tenants, fully leased. 2332-4th St. a 10-tenant building comprising 13,000', new construction 2007. 700 Bancroft Way is a 10,300 sq.ft. concrete building leased to a high-end metal fabricator. 710 Bancroft Way is 11,000 sq.ft. metal and concrete building leased to a carbon transformation company. There is also a 10,000+ sq.ft. site for development. Annual gross income $820,000.00.
Property Facts
| Price | $10,000,000 | Number of Properties | 2 |
| Price / SF | $416.67 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 24,000 SF |
| Status | Active | Total Land Area | 0.97 AC |
| Price | $10,000,000 |
| Price / SF | $416.67 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 24,000 SF |
| Total Land Area | 0.97 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2332 4th St, Berkeley, CA 94710 | Industrial | 13,000 SF | 2007 | - |
| 710 Bancroft Way, Berkeley, CA 94710 | Industrial | 11,000 SF | 1991 | - |
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