2470 martin luther king jr. way - gordon … · property highlights • ground floor of a charming...

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COMMERCIAL CONDO FOR SALE SIZE: ± 297 SF SALE PRICE: $145,000 CONTACT: Lori Rosenthal 510 524-2344 lori@gordoncommercial.com License # 01946676 GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365 2470 MARTIN LUTHER KING JR. WAY Charming Ground Floor of 9-Unit Mixed Use “Green” Berkeley Building

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Page 1: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

COMMERCIAL CONDO FOR SALE SIZE: ± 297 SFSALE PRICE: $145,000

CONTACT: Lori Rosenthal 510 524-2344 [email protected] License # 01946676

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

2470 MARTIN LUTHER KING JR. WAY Charming Ground Floor of 9-Unit Mixed Use “Green” Berkeley Building

Page 2: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja Architecture and built by Wanaselja Construction• Perfect for a professional office• Tinted concrete floors, plaster walls and ceiling, custom wood trim modern finishes, track lighting• “Green” features include: minimal energy consumption, excellent insulation and careful window placement, eco-finishes and non-toxic elements, creative use of salvaged and recycled materials • Separately metered for gas and electric • Water and garbage shared (included in dues)• Quarterly condo dues: $265• APN#: 55-1902-40

LOCATION HIGHLIGHTS • At the high traffic corner of Dwight Way• Across from Sutter Health Urgent Care Facility and Parking Lot• 1 block to Sutter Health/Herrick Campus and Main Hospital Facility• 2 blocks to busy Shattuck Avenue with nearby restaurants, shops and retail• Easy walk to downtown BART station, as well as Ashby BART• Easy walk to UC Berkeley campus with 50,000 daily population• C-N Zoning

OWNER/USER OR INVESTMENT OPPORTUNITY. Perfect for a professional office. Modern, creative design ambience. Close to all downtown destinations and amenities, easy walk to Downtown or Ashby BART.

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

Page 3: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

ORIGINALLY A CORNER GROCERY STORE with apartments above and a large side yard. Leger Wanaselja Architecture restored the existing building and added a new one in an environmentally sensitive way. The project transformed this site into a green showcase. Using tested methods to minimize energy use, and relying heavily on salvaged, recycled, and low-toxic finishes. Thoughtful passive design strategies such as excellent insulation, careful window placement and siting for passive solar benefit were the most important strategies used to minimize energy consumption. They achieved a 280% improvement in energy use in the existing building. And the new building is almost twice as energy efficient as required by state energy code.

Leger Wanaselja Architecture has been a leader in green design. The firm has won numerous awards and been featured in many books, periodicals and other media, highlighting our exploration of green architecture:

“The goal for every project is to shrink the ecological footprint while creating lyrical and enduring buildings. Nature is always carefully considered and celebrated, even in an urban setting. Our goal for this 9-unit project was to use time tested methods to minimize energy use and to rely heavily on salvaged, recycled, and low-toxic finishes to rejuvenate a busy Berkeley street corner. We remodeled an existing turn of the century corner store and added a new mixed-use building next door. Simple energy upgrades in the existing building improved energy performance by 280%. Our passive solar design strategies helped the new building beat the state's energy efficiency requirements by almost 50%.Heavy reliance on salvaged and recycled materials saved tremendous amounts of manufacturing energy and reduced overall environmental impacts. Re-purposed street signs and car parts add levity and intrigue to the city’s visual landscape. The unusual juxtapositions hint at the more extensive but hidden green features.

The project was enormously popular upon completion with more than 500 visitors at the two open houses for the sale of the new units. The project also won AIA Best of the Bay and Acterra green design awards.”

– Karl Wanaselja and Cate Leger

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

HISTORY OF THE “DWIGHT WAY”

Page 4: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

THE CITY OF BERKELEY is densely populated with a highly educated, high income population. There are ~ 90,000 residents within a 1.5- to 2-mile radius of downtown. Almost a third of their households have annual incomes greater than $100,000. 32% of these residents over age 25 have Bachelor’s degrees; an additional 40% have Graduate degrees. The downtown area is bounded on the north by Hearst Avenue, on the east by Oxford/Fulton Streets on the south by Dwight Way, and on the west by MLK Way.

Downtown Berkeley has a daytime working population of 72,000 and one of the most heavily-used BART stations (27,000 entries/exits daily) in the area. The University of California at Berkeley is located on its western border. Students, office workers, downtown residents, shoppers, families and travelers all come downtown to partake of the stores, restaurants and services offered.

DOWNTOWN BERKELEY• 17th most dense city in the Unites States (higher than Oakland, San Jose, Seattle and Washington, DC)• Roughly 46,000 students and 13,000 faculty/staff (from multiple institutions) study and work either in or near Downtown Berkeley• 1.65 million annual visitors, approaching two million by 2018. A high percentage of these visitors arrive in Berkeley via the Downtown Berkeley BART station• Over 1,500,000 square feet of office space and over 150 restaurant and dining options• Excellent foot traffic. Midday pedestrian volumes estimated to be over 2,600 people per hour around the downtown BART station• Lively walking and biking environment – similar to college towns such as Cambridge, MA and Madison, WI• Easily accessible by car, BART, AC Transit, bicycle and foot• Safe, seven-day-a-week retail environment• Downtown Arts District with over 1,700 seats of live theater and/or music venues including Berkeley Repertory Theater, Freight and Salvage, Aurora Theater, Marsh Arts Center, UC Theatre, California Jazz Conservatory and the UC Berkeley Art Museum and Pacific Film Archive • Near more than 2,000 movie theater seats

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

OVERVIEW OF DOWNTOWN BERKELEY

Page 5: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

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2470MLK Way

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GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

LOCATION MAP

Alta Bates Summit Medical Center Herrick Campus

Berkeley High School US Post Office Berkeley City Offices

Berkeley Repertory Theatre

Freight & Salvage

Berkeley City College

Downtown Berkeley YMCA

Berkeley Public Library

Target Express

CVS

Staples

Walgreens

Stone Mountain & Daughter Fabrics

Artist & Craftsman Supply

Sports Basement

Berkeley Bowl Market

Whole Foods Market

NEIGHBORS

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DOWNTOWNBERKELEY

Page 6: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

FLOOR PLAN

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

MARTIN LUTHER KING JR. WAY

DWIG

HT W

AY

2470 Martin Luther King Jr. Way

Page 7: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

PHOTO TOUR

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

Page 8: 2470 MARTIN LUTHER KING JR. WAY - Gordon … · PROPERTY HIGHLIGHTS • Ground floor of a charming 9-unit mixed use building named “The Dwight Way” constructed by Leger Wanaselja

PHOTO TOUR

GORDON COMMERCIAL REAL ESTATE SERVICES • 2091 Rose Street Berkeley, CA 94709 www.gordoncommercial.com • T 510 704-1800 • F 510 704-1830 • BRE License # 00789365

The information contained herein has been provided by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we cannot guarantee it. All information should be verified prior to leasing.