$ 899,000
816 San Pablo Ave Albany, CA 94706
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$ 899,000
Est. payment | /mo
3,484 Sqft Lot
$ 899,000
Est. payment | /mo
3,484 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41053772
HOA Y/N No
Year Built 1923
Annual Tax Amount $17,530
Lot Size 3,484 Sqft
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
Zoning Comm
Interior
Fireplace No
Others
Tax ID 6627916
Listed by Anna Li • Better Homes and Gardens RP
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244