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$ 899,000
Est. payment /mo
Active
816 San Pablo Ave Albany, CA 94706
2,192 SqFt
UPDATED:
09/10/2024 08:28 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,192 sqft
Price per Sqft $410
MLS Listing ID 41053772
HOA Y/N No
Year Built 1923
Lot Size 3,500 Sqft
Acres 0.08
Property Description
Price reduction! This store-front retail is nicely located on the high traffic business street of San Pablo Ave in the City of Albany. It has a walkable score of 89%. Walk to Solano Ave shops. University Village shopping and El Cerrito Plaza Shopping Center are within 1 mile distance. Next to the City of Berkeley, El Cerrito and a short drive to Emeryville, Oakland, and the San Francisco Bay Areas. Well maintained property. Excellent curb appeal. Two retail units. #814 has been occupied by the owner of the dry cleaner business for over 30 years. The business attracts many local customers. #816 is a tenant occupied by Farmers Insurance Office since 2019. The current rent is $2,100. per month. The tenant prefers to stay and will extend the lease 2024 Annual gross income which includes the dry cleaner and the rental unit approximately total of $155,200. @ 10% Cap rate. Seller carry finance for sophisticated buyer. Please contact the listing agent 510 853 8810 for details.
Location
State CA
County Alameda
Area Listing
Zoning Comm
Interior
Fireplace No
Building
Lot Description Business District, Mid-Block, City Lot, Commercial, Freeway Nearby, Neighborhood, Public Transport Nearby, Restaurant Nearby, Shopping Center Nearby
New Construction No
Others
Tax ID 6627916
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Listed by Anna Li • Better Homes and Gardens RP