Bought with Drew Malm • Drew Malm, Broker
$3,000,000
$3,260,888
8.0%For more information regarding the value of a property, please contact us for a free consultation.
3020 San Pablo Ave Berkeley, CA 94702
9,104 SqFt
Key Details
Sold Price $3,000,000
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 9,104 sqft
Price per Sqft $329
Subdivision West Berkeley
MLS Listing ID 40895899
Sold Date 11/24/21
HOA Y/N No
Originating Board CONTRA COSTA
Lot Size 9,104 Sqft
Property Description
3020 San Pablo Avenue is an entitled mixed-use infill development opportunity located in West Berkeley at the Northwest corner of San Pablo Avenue and Folger Avenue and is situated in the West Berkeley Commercial Zoning District (C-W). The site is a +/-9,104 sf vacant lot with development approvals in place and active building permits with the City. The design by Joe DeCredico Studio is for a five-story building with two ground floor commercial spaces and twenty-nine residential units on the upper floors, four of which are inclusionary. Many of the units are unique two-story lofts and all units will feature tall ceilings, open floor plans, an abundance of natural light and private balconies. On-site parking twenty-six spaces provided on lower level via three tier lift system with an additional five spaces on-grade. 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 features a high Walk Score of 91 / Walker's Paradise and a Bike Score of 99 / Biker's Paradise, allowing residents to easily enjoy the eclectic mix of local shops, restaurants and businesses. The property is within walking distance to several AC Transit bus stops and is within 1.1 miles of the Ashby BART station. In addition, the property offers easy access to Interstate 80 & 580 as well as Highway 13 (Ashby Ave.) & 128 (San Pablo Ave.).
Location
State CA
County Alameda
Interior
Fireplace No
Exterior
View Bay, Bay Bridge, Downtown, Golden Gate Bridge, Hills
Building
Lot Description Corner Lot, Level
Water Public
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