1718 Bancroft Way
Berkeley, CA 94703
$1,350,000
About This Home
Discover this unique mixed-use property located in the heart of Berkeley and its great income and use potential. This building offers a combination of residential and commercial spaces, featuring three VACANT residential income units on the second level and three commercial/retail spaces at street level. The vacant residential units are two 1-bedroom units and one 2-bedroom with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are vacant commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The vacant commercial spaces have storefront facades, high ceilings, and natural light a shared bathroom and kitchenette. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s and is just blocks from downtown Berkeley.
Property Details
Location
Listed by
Elic Suazo
Red Oak Realty
MLS# BMLS-R01751791
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