2702 Dana St.

Partnership Shares in Medical Offices

South Berkeley

Property Docs
 2702 Dana
Property Highlights:
• Medical office building near Telegraph Ave.
• Exclusive use of one medical office wing
• Large/partitioned waiting room
• Share of rental income
• Quiet neighborhood setting
• Adjacent shareholders are therapists
• Two parking lots serving the property
• Near UC Berkeley campus & Ashby Ave.

The ownership shares include the exclusive use of one medical office wing comprised of:
• Two large offices with natural light and wood floors (Approx. 200 sq. ft. and 220 usable sq. ft.)
• Kitchenette/break room (Approx. 110 usable sq. ft.)
• Full bathroom w/ shower (Approx. 50 usable sq. ft.)
• Private hallway
• Three small storage closets
• Private side entrance
• Two exclusive parking spaces in back

Shared uses include:
• Large waiting area
• Common bathroom
• Five client parking spaces
• Share of rental income from two leased therapy offices and two apartments
• Annual contribution of $8,160 per year (Covers taxes, insurance, janitorial, and all utilities aside from phone and data).
• Annual distribution of up to $14,000.00 per year depending on income/expenses. Projected distribution with new ownership will vary (average estimated to be $5000 to $6000)
Features
Zoning: Medical
Offered At: $649,000
Agent: Colby Katz
Phone: (510) 527-3400 ext. 15