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2147 San Pablo Avenue
SOLD

Kaiwei Wang Acquires Retail Property In Berkeley For $2.75M

2147 San Pablo Avenue

Retail
4,928 SF
clock iconSold 1 year ago
Matthew Luchs
Steven Schechter
Brandon Michaels
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Summary

Sale
CALIFORNIA
Retail
4,928 sqft

The retail property located at 2147 San Pablo Ave. in Berkeley has been sold. The transaction took place on 02/06/2022 and was facilitated by brokers Matthew Luchs, Brandon Michaels, and Steven Schechter from The Brandon Michaels Group. The property measures 4,928 square feet and is valued at $2,750,000, resulting in a price per square foot of $558. The capitalization rate for this sale is 3.19%.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,750,000
  • Address: 2147 San Pablo Ave., Berkeley
  • Market: Berkeley

The buyer in this transaction is Kaiwei Wang, while the seller is Kathleen Phelan. Matthew Luchs, Brandon Michaels, and Steven Schechter represented both parties as brokers from The Brandon Michaels Group.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Matthew Luchs's profile picture
Matthew Luchs
Marcus & Millichap-image
First Vice President Investments
$363.7M Sold

Details

Deal Summary
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SOLD
IMAGE: Matthew Luchs, Brandon Michaels & Steven Schechter DATE: 02/06/2022 ADDRESS: 2147 San Pablo Ave. MARKET: Berkeley ASSET TYPE: Retail BUYER: Kaiwei Wang SELLER: Kathleen Phelan BROKERS: Matthew Luchs (@MatthewLuchs), Brandon Michaels (@BrandonMichaelsGroup) & Steven Schechter (@Steven.Schechter.10) - The Brandon Michaels Group SALE PRICE: $2,750,000 SF: 4,928 ~ PPSF: $558 CAP: 3.19%

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Address2147 San Pablo Avenue

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