Contacts

Brian Merrion

eXp Commercial

Property Details

Property Type Retail - Street Retail
Property Size 3,436 SF
Units 3
Lot Size 0.08 Acre
Additional Rent Contact for pricing
Building Class C
Year Built 1893
Date Updated Oct 31, 2024

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.

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Highlights

- Prime location in Berkeley
- Spacious interior layout
- Excellent visibility
- Heavy Daytime Foot Traffic
- Architectural character and charm
- Well-maintained historic features

Attachments

Sale Flyer (PDF) opens in new window

Getting around

97/100
Walk Score ®
62/100
Transit Score ®
95/100
Bike Score ®

Powered by Walk Score ®

City Berkeley, CA
Neighborhood Southwest Berkeley
Zip Code 94710
Market Bay Area

Points of Interest

Berkeley

0.34 miles
North Berkeley

0.73 miles
Downtown Berkeley

1.46 miles
Ashby

1.74 miles
Emeryville

1.94 miles
El Cerrito Plaza

2.37 miles
MacArthur

3.13 miles
Redwood Valley Railway

4.00 miles
El Cerrito del Norte

4.11 miles
West Oakland

4.40 miles

Mobil

0.02 miles
Valero

0.12 miles
Shell

0.43 miles
SP

0.48 miles
Chargepoint

0.63 miles
Chevron

0.73 miles
eVgo

0.86 miles
ChargePoint

1.03 miles
Volta

1.14 miles
UC Gas & Food

1.19 miles

Spenger’s Parking Lot

0.32 miles
Vik's Parking

0.51 miles
Picante Parking

0.72 miles
Kaiser Permanente employee parking

0.81 miles
Tokyo fish market private parking

0.88 miles
Berkeley Bowl parking

1.00 miles
J & K Lot

1.01 miles
DoubleTree Hotel Self Park Lot

1.01 miles
South Cove East Lot

1.02 miles
DoubleTree Hotel Valet Lot

1.03 miles

Kabana

0.10 miles
Burger King

0.12 miles
La Marcha

0.14 miles
El Patio

0.15 miles
Babette

0.17 miles
Luca Cucina

0.17 miles
Everett and Jones

0.17 miles
Califas Green

0.17 miles
Subway

0.18 miles
Little Caesars

0.18 miles

Milan Indian Grocery

0.02 miles
Mi Tierra

0.16 miles
Market Hall Foods

0.38 miles
Target

0.60 miles
Whole Foods Market

0.87 miles
Berkeley Bowl West

1.07 miles
Monterey Market

1.12 miles
Sprouts Farmers Market

1.17 miles
Trader Joe's

1.20 miles
Andronico's

1.53 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

982 University Ave