Listing provided courtesy of Anna Li of Better Homes and Gardens RP. Last updated 2024-04-28 09:13:33.000000. Listing information © 2023 CRMLS.

Asking Price: $950,000

816 San Pablo Ave, Albany CA 94706

Community: ​

Status: Active


This property was built in 1923 and is priced at $950,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372550154
  • Type:
  • Year Built: 1923
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.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600