Berkeley, CA 94703 1718 Bancroft Way

Discover this unique mixed-use property located in the heart of Berkeley. This building offers a combination of residential and commercial spaces, featuring three residential income units on the second level and three commercial/retail spaces at street level. The vacant residential unit is a 1-bedroom, 1-bathroom space with a notable feature: a spacious second-level loft accessible by an interior staircase in the unit. The size and presence of this loft allow the unit to function more like a 2-bedroom unit, potentially attracting higher rental income. It is move-in ready with fresh interior paint, new carpeting and refinished wood floors. Directly below this unit are vacant commercial spaces, offering unique convenience for this considering potential construction or a build-out. The second level also features two tenant-occupied and pleasant 1-bedroom units. The vacant commercial spaces have storefront facades, high ceilings, and natural light. Two adjacent commercial units on Roosevelt Avenue share a bathroom and kitchenette with internal access, allowing for consolidation. The third commercial unit is occupied by a long-term business (since 1990). The building showcases the character, charm, and quality craftsmanship typical of the early 1900s. Minutes from downtown Berkeley.