816 San Pablo Ave, Albany

$899,000

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0 Bed
0 Bath
.08 Acre
0 Garage

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.

Essential Information

MLS® #
41053772
Price
$899,000
Bathrooms
0.00
Acres
0.08
Year Built
1923
Type
Commercial Sale
Status
Active

Community Information

Address
816 San Pablo Ave
City
Albany
County
Alameda
Zip Code
94706
Senior Community
N

Exterior

Asphalt, Brick Veneer, Block, Concrete, Wood Siding

Construction

Asphalt, Brick Veneer, Block, Concrete, Wood Siding

Additional Information

Date Listed
March 23rd, 2024
Days on Market
331
Zoning
Comm

Listing Details

Agent
Anna Li
Office
Better Homes and Gardens RP
Property History
Price Reduced from $950,000 to $899,000

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Based on information from California Regional Multiple Listing Service, Inc. as of February 18th, 2025 at 2:59pm PST. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.