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Listed by COMPASS
$ 1,450,000
Est. payment | /mo
2,339 SqFt
$ 1,450,000
Est. payment | /mo
2,339 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,339 sqft
Price per Sqft $619
Subdivision Berkeley
MLS Listing ID 41144406
HOA Y/N No
Year Built 1940
Lot Size 5,160 Sqft
Property Sub-Type Comm Ind For Sale
Source Bridge AOR
Property Description
2520 Milvia sits less than one mile away from UC Berkeley has been substantially renovated over the past several years. Previously the building was used as medical office, but was renovated/converted for a dorm style student housing use. The lower level contains a restroom, kitchen and four private rooms and the second level contains a restroom and 5 private rooms. The dorm style layout leases into a campus market where 45,882 students compete for housing and the university houses only 24 percent of them, and the same floor plan reads as medical or professional office with generous common area. Every room is vacant, so the next owner sets the use, a secured surface lot sits behind the building and a basement carries storage space below. Renovations include 200 amp electrical service & new panels, plumbing upgraded, new tankless water heaters, new central heat and air conditioning, sewer lateral compliance & substantial unit renovations.
Location
State CA
County Alameda
Interior
Cooling Central Air
Flooring Vinyl
Fireplace No
Building
Lot Description See Remarks