2470 Telegraph AvenueBERKELEY | C AL I FORN IA

LORI ROSENTHAL • 510 524-2344lori@gordoncommercial.com • DRE#01946676

KEVIN GORDON • 510 898-0513kevin@gordoncommercial.com • DRE#01884390

FOR SALE

RARE OPPORTUNITY

SALE PRICE: $5,415,000

PRICE / SF: $402

BUILDING SIZE: 13,424 SF (per public record)

YEAR BUILT: 1986

APN: 55-1881-2

OVERVIEW

PROPERTY O

VERVIEW

AMEN

ITIES

F U L L F LO O R O F F I C E W I T H G R O W T H O P P O R T U N I T Y, P LU S I N - P L A C E I N C O M E

• Three-story,Mixed-Usebuilding,officeoverretail

• Existingincomeinplacewith2retailtenants,multipleofficetenants

•Locatedinthehigh-densitySouthsideneighborhoodjustblockstoUCBerkeley.Historicallythereare

manyinstitutionswhowanttobelocatednearUCBerkeley,andtherehasbeenaninsatiabledemand

forhousinginthearea

•Greatbuslines,bikeable,walkable–10blockstoDowntownBerkeleyBART

• Partofanurbanmall-likesettingburstingwithshops.TelegraphAvenueisthemainshoppingand

eatingdistrictservingUCBerkeley

• NexttoiconicMoe’sBooks,asprawlingbookemporiumandhistoriclandmarksincethe1960s.

• SituatedamidstTONSofstudenthousing,includingUCandprivatedorms,andthenewEnclaveBuilding

• Severalnewhousingdevelopmentprojectsareintheworks

• 5-storyTelegraph-ChanningParkingGarageisonly11/2blocksaway

C O N T E M P O R A R Y, R E N O V A T E D, 3 - S T O R Y B U I L D I N G I N T H E H E A R T O F U C B E R K E L E Y S O U T H S I D E , R I C H W I T H A M E N I T I E S , T R A N S P O R T A T I O N , A N D A C C E S S T O H I G H LY E D U C A T E D W O R K F O R C E

Ground Floor: SliverPizzeria (leaseexpires3/31/29,+options),±3,475rsf

LittleGemWaffles ±545rsf

Second Floor: ±4,150rsfAvailable

Third Floor:Suite 301 ±1,200rsfAvailable

LivingWaterChurch (leaseexpires6/30/22),±1,607rsf

SliverPizzeria (leaseexpires3/31/29,+options),±1,054rsf

E X T R E M E LY W E L L- M A I N T A I N E D P R O P E R T Y – P E R F E C T F O R O W N E R / U S E R O R I N V E S T O RI N T H E V I B R A N T T E L E G R A P H D I S T R I C T – A F E W B LO C K S F R O M U C B E R K E L E Y, D O W N T O W N A DJ A C E N T

PROPERTY SU

MM

ARY

Distinctcontemporarybuildingdesignedbyaward-winninglocalarchitect

HISTORY DavidBakerin1986,2470TelegraphAvenueisameticulouslymaintained

13,424SFbuildinginthesoulfulheartofBerkeley

Façaderenovationin/around2011byKahnDesignsandHolland&HarleyGC.

2008facaderenovationandadditionalsquarefootageaddedto2ndfloor.

2011renovationforpizzarestaurant.Seismicallyretrofittedwithfullseismic UPGRADES

retrofit,meetingUCSeismicStandards–whichmeetorexceedstateand

localbuildingauthoritystandards,andaredesignedtoensureanacceptable

levelofearthquakesafetyfortheUCcommunityandthepublicatlarge

CONSTRUCTION Woodframewithstucco,concreteslabongrade

Twobuilt-outrestaurantspacesongroundfloor.

Upstairsperfectforoffice,classroom,ortechuse.Excellentnaturallight.

INTERIOR Officespaceshavenicemixofopenspaceandlargeprivaterooms.New

flooringandpaintthroughout.Elevator,HVAC,andADArestroomsinplace.

Sprinklered.Skylights,someoperablewindows.Views

HVAC Withmultipleunitsandzones

ELECTRIC Significantpowerwithmultiplemeters

SECURITY Secureentrancewithkeypadentrytolobbyandelevator

PARKING Largeloadingzoneinfront,1blocktoCityparkinggarage.Hourly

parkinginthearea.Visitwww.douglasparking.comfordetails

ZONING C-T(TelegraphAvenueCommercial)

DAVID BAKER BUILDING

TELEGRAPH AVENUE

This drawing is intended to be used as an aid for planning. Though care was taken in drawing this floor plan, accuracy is not guaranteed.

GROUND FLOOR

COMMONAREA

TELEGRAPH AVENUE

SUITE ENTRANCE

SUITE ENTRANCE

RESTROOM

RESTROOM

RR

RR

RR

This drawing is intended to be used as an aid for planning. Though care was taken in drawing this floor plan, accuracy is not guaranteed.

2ND FLOOR

MOVE-IN READY SPACE

TELEGRAPH AVENUE

RR

This drawing is intended to be used as an aid for planning. Though care was taken in drawing this floor plan, accuracy is not guaranteed.

3RD FLOOR

SUITE 301MOVE-IN READY

SUITE 302LEASE EXPIRATION 3/31/2029

SUITE 303LEASE EXPIRATION 6/30/2022

PHOTO TOUR

BY THE NUMBERS#1

TOP PUBLIC UNIVERSITY U.S. News & World Report 2021

22NOBEL PRIZES HELD BY UC BERKELEY ALUMNI

89.8GLOBAL UNIVERSITY SCORE OF UC BERKELEY

U.S. News & World Report 2021

99WALK SCORE

436PUBLIC PARKING PLACES WITHIN 1 BLOCK

2,500PEDESTRIANS PER HOUR

62,090UC BERKELEY DAILY POPULATION PROJECTED BY 2022

University of California, Berkeley 2020

67,000+JOBS WITHIN THE CITY

148,736+UC DAYTIME EMPLOYEES

217,151POPULATION WITHIN 3 MILES

1.65 MILLION+VISITORS PER YEAR

Tupper & Reed

Eureka!

TELEGRAPHDISTRICT

Sliver

Ameoba RecordsPeet’s

Moe’s Books

TELEGRAPH AVE

DWIG

HT WAY

Cupcakin Bake Shop

Mars MercantileTacos Sinaloa

Super Duper Burgers

Bear Basics WalgreensCafé Mezzo Raleigh’s Pub

Bongo Burger

510 Skateboarding

Poke ParlorRomeo’s Coffee

1951 Coffee Company

Chipotle

Bancroft Clothing

Café MilanoSeniore’s Pizza

Artichoke Basille’s Pizza

Subway

BANCROFT AVE

Toss Noodle Bar

Cornerstone

CVSEndless Summer Sweets

2470 TELEGRAPH

AVE

Edwards Stadium

Graduate Berkeley

Berkeley City Club

Hearst Field Annex

UC Student Union

Sproul Hall

Hearst Gym

Gypsy’s Trattoria

Games of Berkeley

DOWNTOWNBERKELEY

UC BERKELEY

Target

Haas Pavilion

Spieker Plaza

THE NEIGHBORHOOD

Cal Performances

At 4.5 miles long, Telegraph Avenue begins at the foot

of UC Berkeley and stretches into Downtown Oakland.

And just 5 blocks of Telegraph (from Bancroft Way

to Parker Street) are the key to the street’s legacy.

This 5-block stretch of storefronts is abuzz with

college students, street vendors, locals, and tourists.

Jamba Juice

La Note Pegasus Books

Crossroads TradingNoodles Fresh

Fish & Bird

IN THE VICINITY

TRANSPORTATION & PARKING

H O U R LY A N D M O N T H LY PA R K I N G O P T I O N S

Trinity Parking Lot/United Methodist Church2340BancroftWay|510444-7412

www.spotangels.com

•MonthlyParkingAvailable

Telegraph/Channing Garage 2450DurantAvenue|510843-1788

www.Lazparking.com

• 420spacesincluding6EVchargingspaces

•MonthlyParkingAvailable

Perry Lot 2542DurantAvenue|510444-7412

www.douglasparking.com

alsowww.spotangels.com

Therearealsomanyhourlyparkinglotsinthe

area.Visit www.douglasparking.com

E XC E L L E N T A C C E S S T O M A S S T R A N S I T

Berkeleybenefitsfromimmediate

accesstorail,sea,highwayandbus

service,andisconvenienttoallmajor

employmentandresidentialareasin

thegreaterBayArea.Fewplacesareas

accessiblylocatedasBerkeley.

• Public Transit:BART,Amtrak, ACTransit,Ferry

• Major Highways:I-80/BayBridge, I-580,I-880,SR-24,SR-13

• Parking:5,000+spacesDowntown• Bike Share: 19spacesatTelegraphandHaste

23atBancroftandTelegraph

• International Airports: OAK-14miles

SFO-23miles

SCI-44miles

Downtown BART Accessible• 8minutebusridefromtheproperty.

• 19minutewalkfromtheproperty

Other Nearby BART Stations• MacArthur,Rockridge,andAshby

BARTstationsarealllessthan

20minutesawayviaACTransit

AC Transit Oakland-basedpublictransitserving

AlamedaandContraCostacounties.

• Line6stopsatcornerofDwight

everyfifteenminutesgoingtoand

fromDowntownBerkeleyBART

Little Gem Belgian Waffles

Sliver Pizzeria

Super Duper Burgers

Chipotle Mexican Grill

Jamba Juice

Yogurt Park

Subway

Famous Bao

Kip’s Bar & Grill

Gordito Amigos

Tacos Sinaloa

Pappy’s Grill & Sports Bar

Cupcakin Bake Shop

Cream Berkeley

Romeo’s Coffee

Abe’s Pizza

Poke Parlor

Bongo Burger

Peet’s Coffee

Gypsy’s Trattoria Italiana

Ladle & Leaf

House of Curries

Dumpling Express

La Burrita

The Organic Coup

Café Mezzo

Raleigh’s Bar & Grill

RareTea Berkeley

Tap Haus

Tivoli Caffe

Top Dog

Seniore’s Pizza

Tako Sushi

Pasta Bene

1951 Coffee Company

Artichoke Basille’s Pizza

R E S T A U R A N T S , B A R S A N D C A F É S

Bancroft Clothing Company

Walgreens

The Student Store

Bear Basics Clothing

Beck’s Shoes

Games of Berkeley

Anastasia Clothing

Indigo Vintage Co-Op

Mars Mercantile

Moe’s Books

Sleepy Cat Books

Bows and Arrows

Berkeley Hat Company

The T-Shirt Orgy

510 Skateboarding

Amoeba Music

2nd Street Clothing

R E T A I L

Bancroft Way

Durant Avenue

Haste Street

Dwight Way

University of California, Berkeley

College A

venue

Dwight Way

Haste StreetChanning Way

Bowditch Street

Dana Street

Telegraph Avenue

Regent

Hillegass

Benvenue

Ellsworth

2470 TELEGRAPH

AVE

NEARBY AMENITIES

DOWNTOW

N BERKELEY

2470 TELEGRAPH

AVE

METROPOLITAN• 45 residential units

2560 TELEGRAPH• 45 residential units

THE DEN• 40 residential units

THE PANORAMIC• 69 residential units

2556 TELEGRAPH• 22 residential units

THE ENCLAVE• 254 residential units

THE CROFT• 87 residential units

HOUSING DEVELOPMENTS

SEQUOIA• 42 residential units

U N I T S U N D E R WAYDOW

NTOWN BERKELEY

GARDEN VILLAGE• 84 residential units

THE STANDARD• 330 Beds

2538-2542 DURANT• 32 residential units

R E C E N T LY C O M P L E T E D U N I T S

CONTINUOUS GROWTH PLANNED AT UC BERKELEYUCBerkeleyannounceditsupdatedLongRangeDevelopmentPlan(LRDP)anddraftEIR

reportin2021including2majornewprojectsandanexpandedcampuspopulation.

TheproposedLRDPUpdateplanningprojectionfortheUCBerkeleypopulationis

48,200 students and 19,000 faculty and staff in the 2036-37 academic year. TheLRDPUpdateproposeddevelopmentprogram

includesapproximately8,096,249 gross square feet of academic life, campus life, residential, and parking spaces,includingapproximately 11,073 student beds and 549 employee housing units.

T H E T W O M A J O R N E W P R OJ E C T S A R E :

Housing Project #1 (also known as the Helen Diller Anchor House or Anchor House)

The0.92-acresiteislocatedintheCityEnvironsPropertiesandis

acrossOxfordStreettothewestoftheCampusParkinDowntown

Berkeley.Itwouldinvolvethedemolitionofalltheexistingon-site

structuresandtheconstructionandoperationofanew16-story

(14abovegroundand2below-groundlevels)mixed-usebuilding

withacombinationofresidential,campuslife,andusesnot

operatedbyUCBerkeley.TheproposedHousingProject#1would

includestudenthousing(approximately770beds),campuslife

space(approximately20,000SF),andground-floorcommercial

(approximately17,000SF).

Housing Project #2 (also known as People’s Park)

The2.8-acresiteislocatedintheCityEnvironsPropertiesthree

blockssouth(0.2miles)oftheCampusParkat2556HasteStreet.

Itwouldinvolvethedemolitionoftheexistingon-sitestructures

andparkamenities,andtheconstructionandoperationoftwo

newmixed-usebuildingswithacombinationofresidential,

campuslife,academiclife,andusesnotoperatedbyUCBerkeley.

Theproposedstudenthousingbuildingwouldincludestudent

andfaculty/staffhousing(approximately1,187beds),campus

lifespace(approximately12,000SF),andground-floorpublic

space(approximately3,500SF).Theaffordableandsupportive

housingbuildingwouldincludeaffordableandsupporting

housing(approximately125beds)forUCBerkeley–andnon-UC

Berkeley–affiliatedresidents,andacademiclifespaceforaclinic

(approximately7,000SF).Theprojectsitewouldinclude82,000SF

ofopenspacewithamenities.

J U S T 1 B LO C K T O 2 4 7 0 T E L E G R A P H A V E N U E

2091 Rose Street, Berkeley, CA 94709 • www.gordoncommercial.com T 510 898-0513 • F 510 704-1830 • DRE# 01884390

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 sale.