1507 Prince St

Berkeley, CA 94703

\ For Sale

$2,850,000

13-Unit Mixed-Use Building

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Property Highlights
  • Retail spaces are fully occupied with excellent frontage on Sacramento Street.
  • Fully leased property with a steady revenue stream from a diverse unit mix
  • Gated Parking
  • Two buildings, including a detached home
  • Excellent street visibility along Sacramento Street
  • Easy Access less than a mile from BART and multiple freeways
  • Commercial Zoning
Compass Commercial is thrilled to present 1507 Prince Street In Berkeley, a property that has undergone recent renovations, bringing it up to modern standards. The two-story mixed-use building, a detached Victorian-style home, and a gated parking lot now feature 13 units, four ground-floor retail spaces, and nine residential units across two buildings. Seven of the apartment units have one bedroom and one bathroom, one unit has two bedrooms and one bathroom, and the detached home boasts four bedrooms and two bathrooms.

The gated parking lot offers approximately five spaces, making it a convenient feature for residents.

1507 Prince Street is ideally situated in the vibrant South Berkeley neighborhood, offering a wealth of amenities within easy reach. Residents can enjoy the proximity to parks, restaurants, shops, and public transportation. The property is also conveniently located near multiple freeways and public transportation, making it easy to get around. Downtown Berkeley and UC Berkeley are just a few minutes away, adding to the property’s appeal.

Year Built

1930

Number of Units

13

Price/Unit

$219,231

Square Feet

8,749

Cost/Sq. Foot

$326

CAP

7.46%

GRM

8.60

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