development opportunity : : 2201 san pablo avenue, … · 2201 san pablo avenue, berkeley, ca...

CONTACT: LORI ROSENTHAL 510 524-2344 • [email protected] • CalBRE# 01946676

Development Opportunity: : 2201 SAN PABLO AVENUE, BERKELEY, CA : :

PROPERTY OVERVIEW

• Parcel Size: ±9,313 SF (±0.21 acres)

• Parcel Number: 56-1983-38-1

• Zoning: C-W

(West Berkeley Commerical)

• Street Frontage:

±77' on San Pablo Avenue

±131' on Allston Way

• Maximum Height: 50'

• Maximum FAR: 3.0

• Easy Freeway Access

• High-visibility corner lot

SALE PRICE: CONTACT BROKER

SAN PABLO AVENUE

ALLS

TON

WAY

Site

GORDON COMMERCIAL REAL ESTATE SERVICES 2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • CalBRE# 00789365

2201 SAN PABLO AVENUE, BERKELEY, CA

LOCATION HIGHLIGHTS

• VacantcornerlotonSanPabloAvenue(StateRoute123)–amajortrafficarteryservingBerkeley, EmeryvilleandOakland

• Amidvibrant,eclecticmixofrestaurants,retail,homefurnishings,homeimprovementstoresandservices

• EasilyaccessiblefromI-80/580,closetopublictransit,andconvenienttoentireSFBayArea

• 3blockstoUniversityAvenue–ahigh-trafficintersection

• NumerousACTransitbusstopsalongSanPabloAvenue

• 15minutewalkfromtheBerkeleyAmtrakstation

• 1miletoNorthBerkeleyBART

• 1.5milestoDowntownandUCBerkeley

Bike Score99

Walk Score93

Near PopularEateries

RAPIDLY GROWING DENSITY with more than 650 new residential units planned or under construction on San Pablo Avenue within 1.5 miles of subject property

SAN PABLO AVENUE

UNIV

ERSI

TY A

VENU

E

TO OAKLAND

TO CAL

DEMOGRAPHICS 1 MILE 3 MILEPopulation 27,094 186,841Daytime Employees 17,947 140,597Median HH Income: $86,232 $86,396

TRAFFIC COUNTS COLLECTION STREET CROSS STREET TRAFFIC VOLUME DISTANCE

San Pablo Avenue University Ave 21,797 0.15 miSan Pablo Avenue Russell Street 22,000 0.37 mi

Source: CoStar/Loopnet

PROPERTY OVERVIEW

• Parcel Size:±9,313SF(±0.21acre)• Sale Price:ContactBroker

• Parcel Number: 56-1983-38-1• Zoned:C-W(WestBerkeleyCommerical)

ALLS

TON

WAY


2201 SAN PABLO AVENUE, BERKELEY, CASAN PABLO AVENUE DEVELOPMENTS WITHIN 1.5 MILES OF SUBJECT PROPERTY

2720 San Pablo Avenue: 5-story,mixed-usedevelopment. 40unitsovergroundfloorcommercial.Submittedin2016.

2747 San Pablo Avenue: 5-story,mixed-usebuilding.39condounits,2live/work,+1,500SFcommercialspace.Underconstruction.

2435 San Pablo Avenue: 4-story,mixed-usebuilding.42roomsofgroupliving accomodationsand1,000SFofretail.Submittedin December2018.

2748 San Pablo Avenue: 4-storybuilding.23-unitaffordable housingcomplex.Nowaccepting residentapplications.

2612 San Pablo Avenue (AKA 1050 Parker Street/2700 10th Street): 61,000SF.KaiserPermanentemedicaloffice, 3-storybuilding.ApprovedMay2019.

1500 San Pablo Avenue: 5-story,mixed-usedevelopment. 170residentialunitsand11,000SFof commercialspace.Underconstruction.

2100 San Pablo Avenue: 4-storydevelopment.96-unitelder residentialmemorycare/assitedliving. Approved2017.

2198 San Pablo Avenue: 6-storybuilding.56unitsand3live/work. Submitted2018;ZABpreviewJanuary2019.

2201 SAN PABLO

AVENUE

SAN

PABL

O AV

ENUE

1740 San Pablo Avenue: 5-story,mixed-usedevelopment. 48unitsovergroundfloorcommercial.Submittedin2016.Approved.

2527 San Pablo Avenue: 6-story,mixed-usebuilding.63units.Approved.

1835 San Pablo Avenue: 6-story,mixed-usedevelopment. 95units,4live/work.Underreview.

• San Pablo Avenue is Berkeley’s largest commercial corridor

• As of Q4 2017, the district’s vacancy rate by square footage was 5.5%, the lowest recorded in 5 years

• Retail performance along the San Pablo corridor, measured by sales tax revenue, has been increasing since 2012 (up 23%)

• Experiencing explosive growth, new housing cannot be built quickly enough to catch up with rising number of high- paying jobs created in the SF Bay Area. Submarkets like Berkeley have become some of the most desirable regions in the world for investment + development (~$5.04 average rent PSF for newly built Class-A apartments)


N

EW

SOakland International Airport

SFO

To San Jose

Ashby Ave


SUPERB PROXIMITY TO SF BAY AREA AND BEYOND

• Easyfreewayaccess

• Invicinityof2Amtraktrainstations

• Near3internationalairports(OAK,SFO+SJC)

• Surroundedbystreetretailanddenseresidential neighborhoodhousing

•±186,841livewithin3miles(2010,Loopnet),with anestimateof±212,829in2024

•1.5milestoDowntownBerkeley

•1.5milestoUCBerkeley

•10milestoSanFrancisco

•1hourtoNapa,SanJose,andSiliconValley

•1.5hourstoSacramento

San Pablo Ave

2201 SAN PABLO

AVENUE

University Ave

Viks ChaatThe Mead Kitchen Longbranch Saloon Caffè Chiave Le Pho Vietnamese Restaurant Everett & Jones Barbeque Subway Casa Latina Bakery Albatross PubCafe Leila Acme Bread Bartavelle Coffee & Wine BarBrittany CrêpesFOURTH STREET eateries include: Bette's Diner, Tacubaya, Artís Coffee Peet's Coffee, Zut! Restaurant, Iyasare Restaurant, Project Juice

RESTAURANTS, CAFÉS AND BARS Highwire Coffee RoastersGaumenkitzel La Marcha Tapas BarAlfonso's Cafe Acme Bar & Company Luca Cucina ItalianaEl PatioAlgorithm Coffee Wanted Restaurant La CapillaLanesplitter Pizza & Pub Kabana Restaurant Gallegos Mexican Restaurant Anchalee Thai Cuisine Paisan Berkeley Tomate Cafe

FITNESSBerkeley CrossFit Berkeley Muay Thai & FitnessAddison Yoga Loft BerkeleyThe Yoga RoomWest Berkeley Fencing Club

CorePower Yoga SoulCycle Addison Yoga Loft BerkeleyWest Wind Kung-Fu Karate

Halmar Work Clothes Center The Spanish TableBerkeley SurplusBerkeley Lighting Co Paper Plus East Bay VivariumFOURTH STREET shops include: Apple Store, Madewell, Sur La Table, Lululemon, MAC Cosmetics, CB2, Paper Source, Builders Booksource, Anthropologie, Z Gallerie, Sephora, The Gardener, Amazon 4-star

RETAILEast Bay NurseryMetro Lighting KEETSA Mattress StoreSelena & Lily OutletOhmega Salvage Omega Lighting & Design The Sink Factory NEEKO Clothing


7

2201 SAN PABLO AVENUE, BERKELEY, CANEARBY AMENITIES MAP

STRAWBERRY CREEK DESIGN CENTER

FOURTH STREET

2201 SAN PABLO

AVENUE



DEVELOPMENT STANDARDS

Zoningforthesiteallowsformulti-storycommercial,live/work,

mixeduse,andsolelyresidential.

DevelopmentStandards:C-WZoningDistrict

•FloorAreaRatio(FAR)shallnotexceedthree

•BuildingHeightLimitationsareasfollows:

USE TYPE HEIGHT (FEET) STORIES (NUMBER)

CommercialOnly 40 3

Live/WorkOnly 40 3

ResidentialOnly 40 3

MaximumHeight* 50 4

*SpecialRequirement:4thfloormustberesidentialorlive/work

Theinformationcontainedhereinhasbeengiventousbytheowneroftheproperty orothersourceswedeemreliable.Wehavenoreasontodoubtitsaccuracy,butwe donotguaranteeit.Allinformationshouldbeverifiedpriortopurchase.

Developmentstandardsaresubjecttoasite-specificcityreviewandapprovals.

130.5'

77.3

'

65.9

8

130'

SITE

NEIGHBORHOOD

The information contained herein has been provided by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we cannot guarantee it. All information should be verified prior to selling.



development opportunity : : 2201 san pablo avenue, … · 2201 san pablo avenue, berkeley, ca...

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