816 San Pablo Ave
Albany, CA 94706
0.08 acres | #41053772
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.
Property Details
- Acres0.08
Construction Details
- Property TypePurchase
Condition
- Year Built1923
Community and Neighborhood Details
- CountyAlameda
Financial Details
- Original List Price$950,000
- Taxes Annual$17,530
Other
- MLS #41053772
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Anna Li (#CCBE-213500405)
Listing Office: Better Homes and Gardens RP (#CCBE-CCBHAUB)
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