Log In/Sign Up
Your email has been sent.
814-816 San Pablo Ave
Albany, CA 94706
Store-Front Retail in Albany Ca · Retail Property For Sale
Investment Highlights
- Store-Front Retail
- Walkable Score of 89%
- Upside for the rent and business. 2024 actual rental income is $25,200 and Business $130,000. @ 9.4% cap rate.
- A must sought-after and ideal location
- Well maintained has great curb appeal
- Close proximity to shops and restaurants on Solano Ave, University Village and El Cerrito Plaza retail shops and all within a 1-mile radius.
Executive Summary
EXECUTIVE SUMMARY
Better Home and Gardens Real Estate Reliance Partners is pleased to present a property in the City of Albany. A must sought-after and ideal location. It sits on San Pablo Ave and has a walkable score of 89%, with close proximity to shops and restaurants on Solano Ave, University Village and El Cerrito Plaza retail shops and all within a 1-mile radius.
This well-maintained property is next to Berkeley, El Cerrito, and a short drive to Emeryville, Oakland and San Francisco. The building has great curb appeal with two retail units. #814 has been occupied by a dry cleaner business for over 30 years, and has attracted many local customers. #816 has been occupied by the Farmers Insurance office since 2019. The current annual business and rent for 2023 is $135,633.
Upside for the rent and Business. The acquisition of the business is $50,000, and the property is listed at $900,000. Property and business must be sold together
Better Home and Gardens Real Estate Reliance Partners is pleased to present a property in the City of Albany. A must sought-after and ideal location. It sits on San Pablo Ave and has a walkable score of 89%, with close proximity to shops and restaurants on Solano Ave, University Village and El Cerrito Plaza retail shops and all within a 1-mile radius.
This well-maintained property is next to Berkeley, El Cerrito, and a short drive to Emeryville, Oakland and San Francisco. The building has great curb appeal with two retail units. #814 has been occupied by a dry cleaner business for over 30 years, and has attracted many local customers. #816 has been occupied by the Farmers Insurance office since 2019. The current annual business and rent for 2023 is $135,633.
Upside for the rent and Business. The acquisition of the business is $50,000, and the property is listed at $900,000. Property and business must be sold together
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,150 SF
Building Class
C
Year Built
1923
Price
$899,000
Price Per SF
$418.14
Cap Rate
9.67%
NOI
$86,925
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.08 AC
Zoning
Retail Stores - Retail Store
Frontage
32’ on San Pablo Ave
Amenities
- Banking
- Restaurant
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 066-2791-006-00 | Improvements Assessment | $281,704 |
| Land Assessment | $113,746 | Total Assessment | $395,450 |
Property Taxes
Parcel Number
066-2791-006-00
Land Assessment
$113,746
Improvements Assessment
$281,704
Total Assessment
$395,450
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
