1718 Bancroft Way

Berkeley CA 94703

5813 sq. ft.

4494 sq. ft.

Other

Currently for sale - view listing

Overview

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 residential income units on the second level, (all delivered vacant) and three commercial/retail spaces at street level. The residential units are two 1-bedroom units and 1 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 commercial spaces, offering a degree of convenience for those considering a build-out of the commercial units. The 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.

Features

5813 sq. ft. floor area

4494 sq. ft. lot size

Other

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