816 San Pablo Ave
Albany, CA 94706
$51,000.00 (-5.37%)
Active for $899,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 3,485 sqft
| MLS | 41053772 |
| Year Built | 1923 |
| Property Type | |
| County | Alameda |
| Status | Active |
| Active | $899,000 |
| Structure Size | N/A sqft |
| Lot Size | 3,485 sqft |
| Beds | N/A |
| Baths |
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.
Listing information courtesy of: Anna Li, Better Homes and Gardens RP . *Based on information from the Association of REALTORS/Multiple Listing as of 09/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Hovik Yepremyan
REALTOR®
Direct: 818.232.2383
Email: Email Me
DRE: 01426360
DRE #01873088
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