Matthews Logo

Navigation Menu

1538-1540 Shattuck Ave, Berkeley, CA, 94709

SenS Hotel & Vanne Bistro Berkeley

$4,750,000

Key Information

$ per SF
$362
Tot. SF
13,128
Lot Size
0.09 Acres
Units
18
Year Built
1962
Type
Hospitality
Occupancy
72%

Highlights

• Turn-Key Boutique Asset: Fully renovated 18-key hotel with updated guestrooms, private bathrooms, select balconies, and ground-floor restaurant space.
• Premier North Berkeley Location: Located in the Gourmet Ghetto, directly across from Chez Panisse and steps from iconic dining and retail destinations.
• UC Berkeley Demand: Approximately one mile from UC Berkeley, with 46,000+ students driving demand from events, athletics, commencement, and university visitors.
• Diverse Demand Drivers: Lawrence Berkeley National Laboratory, Bayer, Downtown Berkeley entertainment, and BART connectivity support year-round corporate and leisure demand.
• High-Barrier Hotel Market: Berkeley’s lodging inventory has contracted, while development barriers and limited new supply strengthen the property’s competitive positioning.
• Operational Upside: Below-market ADR, restaurant lease potential, and university and corporate accounts provide multiple opportunities to increase revenue and NOI.

Photos

Location

Agents

Broker of Record

David Harrington

License # 01320460, 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245