$899,000
For Sale

816 San Pablo Ave

Albany, CA 94706
Listing OfficeBetter Homes and Gardens RP
Browse 42 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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