COMMERCIAL PROPERTY FOR SALE - LoopNet · border and neighboring Emeryville. From here you are close to Downtown Berkeley, Fourth Street, Elmwood, Rockridge and Temescal retail districts

COMMERCIAL PROPERTY FOR SALE3007-3011 SACRAMENTO STREET, BERKELEY, CA

OFFERED EXCLUSIVELY BY: KEVIN GORDON 510 898-0513 • [email protected] • CalBRE#01884390

3007-3011 SACRAMENTO STREET, BERKELEY, CA

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365

Ideal for owner/user or investment in Berkeley. Freestanding building with high visibility, near corner of Ashby Avenue. Flexible space with 3 retail storefronts which are

separately addressed. Significant upside potential in an area of Berkeley exploding with renovation and improvement. Densely populated neighborhood close to both

Berkeley Bowl Markets, Walgreen’s, City Sports Club, Ironworks Gym, Urban Ore, and Whole Foods. Walk to Creekwood Restaurant, Homemade Cafe, Mo’Joe Cafe, Breads of

India, Moxy Beer Garden, Novel Brewing Company, Mehak Indian Cuisine and Spoon Korean Bistro. Close to Alta Bates and BayHealth Outpatient and Urgent Care Center.

SALE PRICE

$795,000 PROPERTY FEATURES• Recent renovation, including new paint• 3 retail storefronts, delivered vacant• 50 foot frontage• High traffic count (16,099 at corner of Ashby)

• .5 mile to Ashby BART• 1 mile to Alta Bates Summit Medical Center• 1.9 miles to UC Berkeley• AC Transit bus stops on corner• Easily accessible from I-80/580 freeways

PROPERTY OVERVIEW• Building Size: ± 1,932 rsf• Parcel Size: ± 2,400 sf• APN # 053-1612-019-00• Zoning C-SA

SUPERB PROXIMITY TO SF BAY AREA AND BEYOND Easy freeway access. In the vicinity of 2 Amtrak train stations and near 3 international airports (OAK, SFO and SJC).

• Many cafés, gyms and shops within .5 mile

• 1.5 miles from Downtown Berkeley

• 1.9 miles from UC Berkeley Campus

• 2 miles to Emeryville’s Bay Street with Sephora, Apple Store, Barnes & Noble, J.Crew, West Elm, Vans, Old Navy, Levi’s Store, Athleta and more!

• 2 miles to East Bay Bridge Shopping with Home Depot, Best Buy, Office Depot, Target, Michaels, Nordstrom Rack and Ikea

• 10 miles to San Francisco Embarcadero


3007-3011 SACRAMENTO STREET

BERKELEY, CA

N

EW

S

Oakland International Airport

SFO

To San Jose

Ashby Ave

San Pablo Ave



AREA WITH ACCESSIBILITY

3007-3011 SACRAMENTO STREET, BERKELEY, CA LOCATION

Easy to get to, and easy to get around. High-traffic location with convenient freeway access and easy street parking. Walkable area with high visibility near the Oakland border and neighboring Emeryville. From here you are close to Downtown Berkeley, Fourth Street, Elmwood, Rockridge and Temescal retail districts

• Sacramento Street is a busy 4-lane north/south thoroughfare through Berkeley, and nearby Ashby Avenue is a main commercial corridor from Hwy 580/24/980/880 in Oakland to Hwy 80/580 in Berkeley

• 5 blocks to Asby BART. Easy access to AC Transit – bus stop on corner

• Near 3 campuses: UC Berkeley, Berkeley City College and Berkeley High School

• Berkeley boasts strong demographics – with more affluent households, a higher number of college-educated residents and much greater spending power than comparable markets

• The East Bay is the region’s fastest-growing area in terms of tech employment, reporting 4.1% expansion (year ending May 2017) according to Beacon Economics, strengthening the market for housing along Alameda and Contra Costa Counties’ transit corrido

WALK SCORE 81 BIKE SCORE 85(walkscore.com)

NEAR MANY OF THE TOP 25 BERKELEY EMPLOYERS City of a Berkeley Economic Dashboard, February 2018

Alta Bates Medical Center • Lifelong Medical Care • Ansys Inc. • Bayer Healthcare • Meyer Sound • MSCI Inc. • OC Jones & Sons • Berkeley Cement Inc. • Berkeley Bowl • Whole Foods Market • Berkeley City College • Target • YMCA • UC Berkeley • Berkeley Marina Doubletree • Berkeley Repertory Theatre • US Postal Service • REI • BUSD • City of Berkeley • Siemens Corp.• Weatherford Motors Inc. • Genji Pacific • Kaiser Permanente • Lawrence Berkeley Laboratory


FLOOR PLAN


PARCEL MAP

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SACRAMENTO STREET

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3007-3011 SACRAMENTO STREET, BERKELEY, CA PHOTO TOUR


DEMOGRAPHICSWITHIN 3 MILES

Population 217,151

Average household income $83,715

Daytime Employees 148,736

CLOSE TO DOWNTOWN BERKELEY

Located 1.5 miles from Downtown Berkeley. The city of Berkeley is densely populated with a highly educated, high income population. There are ~90,000 residents within a 2-mile radius of downtown, with a third of their household annual incomes greater than $100,000. 32% of these residents over age 25 have Bachelor’s degrees; an additional 40% have Graduate degrees. A major hub of public transportation with BART and AC Transit multi-county bus lines, free valet bike parking and bike rental available at the Bike Station. Berkeley has over 2 million annual visitors.

• High-foot traffic every day. Traffic count on Shattuck Avenue (at Kittredge Street) is 18,498

• Downtown Berkeley BART station has ± 27,000 daily ridership entries and exits

• $4.04 billion in total spending power

• Berkeley City College has ± 7,000 students each semester; Berkeley High School has ± 3,500 students annually

• Downtown Berkeley has 5,500 residents in its 30-block footprint, with over 1,400 new housing units recently completed

• Over 460 new residential units in a 4-block radius

• Walking distance to over 119,166 live theater, music, movie theater and sports venue seats.

• Over 1.5 million annual theater and cinema patrons


The information contained herein has been provided by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we cannot guarantee it. All information should be verified prior to sale.

Documents

COMMERCIAL PROPERTY FOR SALE - LoopNet · border and neighboring Emeryville. From here you are close to Downtown Berkeley, Fourth Street, Elmwood, Rockridge and Temescal retail districts