816 San Pablo Ave, Albany, CA 94706 - MLS#41053772

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$899,000

Est. payment - /mo

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3,484 Sqft Lot

Active

816 San Pablo Ave Albany, CA 94706

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Mason Frakes

mason@masonfrakesrealestategroup.com +1(805) 260-4860

UPDATED:

09/30/2024 06:22 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41053772

HOA Y/N No

Year Built 1923

Annual Tax Amount $17,530

Lot Size 3,484 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

Zoning Comm

Interior

Fireplace No

Others

Tax ID 6627916

Listed by Anna Li • Better Homes and Gardens RP

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Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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Mason Frakes

816 San Pablo Ave Albany, CA 94706

Mason Frakes

Key Details

Location

Interior

Others

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816 San Pablo Ave