Check Availability
$950,000
Commercial - For Sale

816 San Pablo Ave

Albany, CA 94706
bedrooms
Studio
bathrooms
0 Bath
square feet
2192 Sqft
$4,665
Estimated Monthly
$0
HOA / Fees

About This Property

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.

The manager has listed the unit size as 2192 square feet.
Unit Size
2,192Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$433
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1923
Listed By
Anna Li
Better Homes and Gardens RP
Last updated: 2 months ago (CCAORCA #41053772)

Price History

Date / Event Date Event Price
Mar 23, 2024 Listed by Better Homes & Gardens RE Reliance Partners $950,000
Listed by Better Homes & Gardens RE Reliance Partners

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
3 Baths
1,388 ft²
$625/ft²
$868,000 Feb 20, 2024
-
-
Other
Loft
1 Bath
1,252 ft²
$879/ft²
$1,100,000 Mar 7, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

816 San Pablo Avenue 816 San Pablo Avenue, Albany, CA 94706
  • 1 Unit for Sale
More about this Building
816 San Pablo Avenue
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