Albany CA Real Estate & Commercial for Sale

Opportunity to purchase a seldom available small commercial building on San Pablo Avenue in Albany between Solano and Marin Avenues. High visibility well trafficked area directly across the street from the Albany Subaru dealership. Formerly used as a chiropractic office. Has a small office, approximately 15x15 with separate entrance at 928 with tie-in access to the larger office space at 930. Backyard area is approximately 50 feet deep. Apart from medical, dental, and standard office uses the building and outdoor area may offer the potential for many uses. Day spa? Restaurant with outdoor dining, and entertainment? Zoning is San Pablo Commercial. Check with City of Albany for specifics. Street parking only.

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.