816 San Pablo Ave , Albany, CA 94706
Albany, CA 94706
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.
Details
| Mls | 41053772 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 262 |
| Listing Provided By | Better Homes and Gardens RP 510-868-1400 | Anna Li |
Features
| Zoning | Comm |
|---|---|
| Acreage | 0.08 |
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Albany |
| Zip Code | 94706 |
| Listing VS Median (in 94706) | |
Price: $899,000 low | high Med: $899,000 On Site: 262 low | high Med: 210.000000 | |