816 San Pablo Ave, Albany, CA

$950,000

Previous Next

2,192

Square feet

0.08

Acres

About 816 San Pablo Ave

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 extend the lease for another year. 2023 Annual actual gross income which includes the dry cleaner and the rental unit total of $135,633. @ 9.10% Cap rate. 2024 actual cap will be 9.44%. The business is offered for $50,000. Property is offered $900,000 and must be sold together. Please contact the listing agent 510 853 8810 for details.

Features of 816 San Pablo Ave

MLS® # 41053772
Price $950,000
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
Area Listing
City Albany
County Alameda
State CA
Zip Code 94706

Amenities

Parking On Street
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Lot Description Business District, Mid-Block, City Lot, Commercial, Freeway Nearby, Neighborhood, Public Transport Nearby, Restaurant Nearby, Shopping Center Nearby
Roof Aluminum
Construction Frame, Block, Asphalt, Concrete Block, Wood Siding, Wood

Additional Information

Date Listed March 23rd, 2024
Zoning Comm
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAnna Li
OfficeBetter Homes and Gardens RP

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?