Active

Albany,CA 94706

$ 899000

- Bed

- Bath

2192 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $410

MLS Listing ID CC41053772

Originating Board Contra Costa Association of Realtors

Year Built 1923

Lot Size 3,500 Sqft

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.

Location

State CA

County Alameda

Area Other Area

Zoning Comm

Exterior

Exterior Feature Block

Garage Street

Roof Type Aluminum Over Tar

Others

Tax ID 66-2791-6

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