$950,000
$1,095,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 04/15/2022
Key Details
Sold Price $950,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40956906
Sold Date 04/15/22
HOA Y/N No
Year Built 1946
Annual Tax Amount $13,371
Lot Size 3,920 Sqft
Acres 0.09
Property Description
805 Camelia Street is a 2,889 sq. ft. retail/office building located in the heart of Berkeley’s developing Whole Foods/Gilman corridor. The property consists of a 1,791 sq. ft. retail space comprised of two wineries; 1,098 sq. ft. office space split into nine individual rental units/cubicles, six are currently occupied. Perfect space for tenants seeking a positive working environment with other professional individuals. On average these spaces are rented at $2.37/square foot but demand can much higher, which in turn allows for upside in income. The property is also outfitted with 39 solar panels which decreases electric expenses while providing a clean energy source for tenants. This is truly a pride-of-ownership asset with significant rental upside and a rare piece of Berkeley Winery History.
Location
State CA
County Alameda
Zoning MULI
Interior
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 3
Others
Tax ID 59234814
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Bought with Timothy Warren • NAI Northern California