PRICE REDUCED - Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire 2628 Telegraph Avenue (the Property) on iconic Telegraph Avenue in Berkeley, California. This 100% leased commercial medical office condominium is situated on highly trafficked Telegraph Avenue. The property is occupied by a single tenant on a net lease basis with a lease expiration date in 2030. This offering offers an investor the rare opportunity to own a high-quality asset providing stable income and long- term value | Rare medical office investment property on iconic Telegraph Avenue in Berkeley, California | 100% leased to a single tenant medical user; The Joint Chiropractic | Long-term lease with a lease end date of October 2030 | Annual 3% rental increases | Excellent curb appeal and street frontage on highly trafficked Telegraph Avenue.
MLS #
ML81958443
MLS Source
MLSListings, Inc.
Days on Site
38
Buyer's Brokerage Compensation*
2.50%
Parking Spaces
0
Present Use
Medical/Dental, Office
Utilities
Public Utilities, Water - Public
Cooling
Central Forced Air
Heating
Central Forced Air
Roof
Other
Foundation
Other
Sewer
Private Sewer
Water
Public
Zoning
C-C
2628 Telegraph Ave 1 is a Commercial Sale in Berkeley, CA 94704. This 1,117 square foot property sits on a 6,930 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $925,000 and was built in 2006.
This address can also be written as 2628 Telegraph Ave #1, Berkeley, CA 94704.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 26, 2024. For the most current information, please contact Juan De Leon, (415) 305-6275