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2628 Telegraph Ave 1, Berkeley, CA 94704
$925,000
2628 Telegraph Ave 1, Berkeley, CA 94704View this property at 2628 Telegraph Ave 1, Berkeley, CA 94704
2628 Telegraph Ave 1BerkeleyCA94704
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Property Description
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.
Full Property Details
Full Property Details for 2628 Telegraph Ave 1
General
- Price: $925,000
- Status: Active
- Type: Industrial
- MLS ID: ML81958443
- Updated: 4/26/2024
- Added to Site: 45 day(s) ago
Rental Information
- Complex Features: Other
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Garage Spaces: 4
- Parking Features: Parking Area
Location
- County: Alameda
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Private Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Other
Structural Information
- Foundation: Other
- Roof: Other
- Disability Access: Other
- Square Feet: 1,117
- Office: 1,117 Sq. Ft.
- Year Built: 2006
Lot Features
- Lot Size (Acres): 0.1591
- Minimum Lot Size: 6930
- Lot Size (Sq. Ft.): 6,930
- Present Use: Medical/Dental, Office
- Zoning: C-C
Disclosures and Reports
- Restrictions: Other
Listed by Cornish & Carey Commercial, Juan De Leon
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Schools
Schools serving 2628 Telegraph Ave 1
School District:Berkeley Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2800 Forest Ave, Berkeley, CA 94705 | K-5 | 0.5 mi | |
2955 Claremont Ave, Berkeley, CA 94705 | K-5 | 0.8 mi | |
1731 Prince St, Berkeley, CA 94703 | K-5 | 1 mi | |
2425 Stuart St, Berkeley, CA 94705 | 6-8 | 0.2 mi | |
1980 Allston Way, Berkeley, CA 94704 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2628 Telegraph Ave 1
Date
Details
Price
Change
Source
4/26/2024
Price Reduced
$925,000
-7.5%
MLS
3/21/2024
Listed
$1,000,000
112.77%
MLS
7/01/2014
Sold
$470,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2628 Telegraph Ave 1
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,289
2%
$542,920
2%
2022
$9,106
—
$532,275
2%
2021
$9,098
6%
$521,841
1%
2020
$8,620
3%
$516,492
2%
2019
$8,333
2%
$506,368
2%
2018
$8,180
4%
$496,442
2%
2017
$7,854
3%
$486,708
2%
2016
$7,610
1%
$477,167
2%
2015
$7,503
24%
$470,000
36%
2014
$6,046
-1%
$344,888
—
2013
$6,084
—
$343,332
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2628 Telegraph Ave 1
2628 Telegraph Ave 1, Berkeley, CA 94704 (MLS# ML81958443) is a Industrial property. 2628 Telegraph Ave 1 is currently listed for $925,000 and was received on March 21, 2024. Want to learn more about 2628 Telegraph Ave 1? Do you have questions about finding other Industrial real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.