Active

2628 Telegraph Avenue

Berkeley CA, 94704

$925,000


$828.11 per sqft

Active

1,117 sqft

Commercial

Built in 2006

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.

ML81958443

MLS ID

March 21, 2024

Listed

April 27, 2024

Updated

Map

2628 Telegraph Avenue
Berkeley CA, 94704

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

Berkeley


Garage

No


View

No


County

Alameda


Pool

No


Zoning

C-C


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/26/2024

Price Change

$925,000

-8%

Listed by Juan De Leon with Cornish & Carey Commercial
Listing Contact: 415-305-6275 

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