Active

816 San Pablo Ave

Albany CA, 94706

$899,000


$410.13 per sqft

Active

2,192 sqft

Commercial

Built in 1923

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.

41053772

MLS ID

March 24, 2024

Listed

November 21, 2024

Updated

Map

816 San Pablo Ave
Albany CA, 94706

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres


Lot Features

Business District, Mid-Block, City Lot, Commercial, Freeway Nearby, Neighborhood, Public Transport Nearby, Restaurant Nearby, Shopping Center Nearby


Roof

Aluminum

Other Property Details

Area Name

Albany


Garage

No


Parking

On Street


View

No


County

Alameda


Pool

No


Zoning

Comm

Listing History

Date

Event

Price

9/3/2024

Price change

$899,000

-6%

Listed by Anna Li with Better Homes and Gardens RP
Listing Contact: 510-853-8810 

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