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816 San Pablo Ave

Albany, CA 94706
  • $899,000
  • STATUS: Active
  • ON SITE: 223 Days
  • ID#: 41053772
UPDATED: 87 min ago
$899,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Anna Li of Better Homes and Gardens RP (510-868-1400)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-02T09:27:49.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/148860335
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816 San Pablo Ave Albany, CA 94706

  • Price: $899,000
  • Status: Active
  • On Site: 223 Days
  • Updated: 87 min ago
  • ID#: 41053772
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1923
Built
County:
Alameda
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.
Exterior Features

Construction Materials AsphaltBrick VeneerBlockConcreteWood Siding Parking Total 0

Interior Features

Cooling YN Yes Heating YN Yes

Property Features

Association Fee 0 Listing Service Full Service Net Operating Income 76093 Operating Expense 64484 Tax Annual Amount 17530 Zoning Comm



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-02T09:27:49.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
 
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Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Anna Li of Better Homes and Gardens RP (510-868-1400)