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.
MLS #
CC41053772
MLS Source
Contra Costa Association of Realtors
Days on Site
270
Parking Spaces
0
Present Use
Retail
Roof
Aluminum Over Tar
Zoning
Comm
is a Commercial Sale in Albany, CA 94706. This 2,192 square foot property sits on a 3,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $899,000 and was built in 1923.
This address can also be written as , Albany, CA 94706.©2024 Contra Costa Association of Realtors. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Contra Costa Association of Realtors.
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This listing information is up-to-date as of September 10, 2024. For the most current information, please contact Anna Li, (510) 853-8810