2316 DWIGHT WAY, BERKELEY, CA for sale

Investment Overview

Introducing 2316 Dwight Way, a rare opportunity to acquire a well-located medical office property in the heart of Berkeley, being offered for sale for the first time. The approximately 2,331-square-foot building features a unique and highly functional layout designed to accommodate a variety of medical, professional, or owner-user configurations. The interior is arranged with two separate waiting/reception areas, multiple private offices and exam rooms, bathrooms, and supporting clinical space, creating flexibility that is difficult to replicate in a building of this size. An owner-user could occupy the entire property or potentially utilize one portion of the building while leasing the other, providing an opportunity to offset occupancy costs with rental income. The property features approximately 12 on-site parking spaces located directly in front of the building. Dedicated off-street parking is a significant advantage along Dwight Way and provides convenient access for patients, employees, and visitors. Beyond its existing medical-office utility, the property sits on a large 7,128 square foot lot with R-3 residential zoning. This provides several long term exit strategies for the buyer evaluating future residential use or reconfiguration. With its flexible interior configuration, substantial on-site parking, established medical use, central Berkeley location, and future reconfiguration potential, 2316 Dwight Way offers a compelling opportunity for owner-users, medical professionals, investors, and residential buyers.

Investment Highlights

• First Time Ever on Market - Rare opportunity to acquire a long-held Berkeley medical office property being offered for sale for the first time.
• Established Medical Office Use Delivered Fully Vacant - Longstanding use as a medical office creates an opportunity for an owner-user or medical tenant seeking an established Berkeley Location. Potential for SBA Financing (Buyer to Verify). Interior layout allows for potential for two medical uses to operate with a shared waiting room.
• Rare Small Medical/ Professional Office Offering - Smaller standalone medical buildings are limited in Berkeley, potentially appealing to physicians, dentists, therapists, and other professional users.
• Large on-site parking lot - On-site parking currently accommodates roughly twelve parking spaces, providing a major advantage for medical operators to provide free easy parking for patients.
• Central Berkeley Location - Convenient location near UC Berkeley and Alta Bates provides additional demand and long-term land value support.
• R-3 Residential Zoning - The underlying residential zoning provides an additional exit path for future residential use or redevelopment.