About 816 San Pablo Ave
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.
Features of 816 San Pablo Ave
MLS® # | 41053772 |
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Price | $899,000 |
Bathrooms | 0.00 |
Square Footage | 2,192 |
Acres | 0.08 |
Year Built | 1923 |
Type | Commercial Sale |
Sub-Type | Comm Ind For Sale |
Status | Active |
Community Information
Address | 816 San Pablo Ave |
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Area | Listing |
City | Albany |
County | Alameda |
State | CA |
Zip Code | 94706 |
Amenities
Parking | On Street |
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Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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Exterior
Lot Description | Business District, Mid-Block, City Lot, Commercial, Freeway Nearby, Neighborhood, Public Transport Nearby, Restaurant Nearby, Shopping Center Nearby |
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Roof | Aluminum |
Construction | Frame, Block, Asphalt, Concrete Block, Wood Siding, Wood |
Additional Information
Date Listed | March 23rd, 2024 |
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Zoning | Comm |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Anna Li |
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Office | Better Homes and Gardens RP |