2811-2815 Telegraph Ave.
Mixed Use | 8.11% CAP | 4,593 SqFt
Marketing description
Own a Prime Mixed-Use Property Steps from UC Berkeley! Located just steps from UC Berkeley, this exceptional mixed-use property offers a rare opportunity to own both a thriving business space and rental income in one of the most sought-after locations in the Bay Area. With a 7.42% cap rate, it’s a great investment property with strong income potential.
The ground floor features a spacious vacant restaurant space, formerly home to the renowned Tai Shan Chinese Restaurant. Fully equipped with a commercial kitchen, it’s perfect for an owner-operator looking to launch their culinary vision. The upper levels house three 2BR/1BA residential units, with two leased and one available for immediate leasing or owner occupancy. Additionally, a bonus 2BR/1BA rear unit enhances your investment potential, providing more flexibility to grow your income
Situated on bustling Telegraph Avenue, the property boasts excellent visibility and foot traffic, making it ideal for a variety of businesses. Within 1 mile of UC Berkeley, it offers a steady stream of potential customers and tenants. Surrounded by amenities, major employers, and everyday conveniences, the location ensures high demand from renters, making this an incredibly attractive investment.
Whether you're an investor seeking diverse income streams or an entrepreneur ready to launch your restaurant, this property offers a unique opportunity to live, work, and thrive in one of Berkeley’s most dynamic neighborhoods.
Investment highlights
- The combination of restaurant space and residential units offers diverse income opportunities. Run your own business on the ground level while collecting rent from the upper units, or lease the entire building for maximum returns.
- Ground Level: Vacant restaurant space, fully equipped with a commercial kitchen
- Second Level: One 3BD/2BA unit - Vacant
- Third Level: Two 2BD/1BA residential units: both units are tenant-occupied, generating income.
- Bonus Unit: A rear 2BD/1BA unit (vacant) adds further flexibility for leasing or owner use.
- Parking: Two garage parking spaces plus two outdoor parking spots—a rare amenity in this high-demand area.
- Major Employers- High quality employers including Alta Bates Medical Center, UC Berkely and Berkeley City Hall are nearby.
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