To access the offering memorandum copy/paste: https://bit.ly/kitehillre. This 9-unit mixed-use building offers 7,735 SqFt of space in a prime South Berkeley location. Attractively priced at $213 per SqFt (with 100% rent collections during COVID) this property offers at least 100% upside in gross rental income. Eight units are currently occupied and comprise a mix of shops, salons, offices, and residential spaces all separately metered for gas and electricity. Units offer an appealing mix of hardwood and tile flooring, as well as period details like wood wainscoting and vintage tile. The second floor features a sunny outdoor patio and bump-out bay windows to maximize floor space and natural light. Conveniently situated at Shattuck and Woolsey, this lively corner property is just two blocks from Ashby BART. With a steady flow of foot traffic, the location is close to Whole Foods, UC Berkeley campus, and countless dining and shopping options.
Listing Courtesy of Jatin Mehta , Kite Hill Real Estate
Listing Courtesy of Jatin Mehta , Kite Hill Real Estate