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Albany, CA 94706
  • $950,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: CC41053772
UPDATED: 98 min ago
$950,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1923
County:
Area:

School Ratings & Info

Listing provided courtesy of Anna Li of Better Homes and Gardens RP: (510) 853-8810.

Description

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 extend the lease for another year. 2023 Annual actual gross income which includes the dry cleaner and the rental unit total of $135,633. @ 9.10% Cap rate. 2024 actual cap will be 9.44%. The business is offered for $50,000. Property is offered $900,000 and must be sold together. Please contact the listing agent 510 853 8810 for details.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-04-24T07:16:18.927. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Yani | Nu Level Realty.

Licensed in the State of California.
Website powered by BoomTown.
www.homesbyyani.com/homes/148860109
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Albany, CA 94706

  • Price: $950,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 98 min ago
  • ID#: CC41053772
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1923
Built
Neighborhood:
Other Area
County:
Alameda
Area:
Other Area
Property Description
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 extend the lease for another year. 2023 Annual actual gross income which includes the dry cleaner and the rental unit total of $135,633. @ 9.10% Cap rate. 2024 actual cap will be 9.44%. The business is offered for $50,000. Property is offered $900,000 and must be sold together. Please contact the listing agent 510 853 8810 for details.
Exterior Features

Construction Type BlockWood Frame Exterior Block Garage Parking Street Location Mid BlockBusiness District Roof Aluminum Over Tar

Interior Features

Structure Sq Ft 2192

Property Features

City Name ALBANY Cross Street Washington Ave Lot Size Area Maximum 3500.00 Present Use Retail Zoning Comm

Listing provided courtesy of Anna Li of Better Homes and Gardens RP: (510) 853-8810.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-04-24T07:16:18.927. Data is updated hourly. 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. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Homes By Yani | Nu Level Realty.

Licensed in the State of California.
Website powered by BoomTown.
 
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Homes By Yani | Nu Level Realty
2033 Gateway Pl, Suite 500
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Listing provided courtesy of Anna Li of Better Homes and Gardens RP: (510) 853-8810.