The MS-3 (Main Street) zoning makes this an amazing redevelopment parcel with 7,430 square feet, four blocks to wildly-popular Tennyson Street in Berkeley. It’s both 4824 & 4826 W 38th Ave, a side-by-side duplex that’s zoned for commercial and/or residential uses. Long-term, the value is in the land/great zoning. Initially, it was priced for redevelopment. Now, after price reductions, this is also an ideal candidate for an owner-occupying business or as a rental income property with what appears to be GREAT appreciation potential awaiting the urban infill redevelopment market to spring back up post-COVID. With mixed-use zoning and great signage opportunities, sufficient parking and centered between the vibrant West Highlands and Berkeley neighborhoods, this would be an excellent location for a wide variety of businesses. It also works well as a residential rental. This property was built as residential and is currently set-up as residential so financing it on a 30-year residential mortgage should work fine.
Courtesy of RE/MAX PROFESSIONALS
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions