816 San Pablo AveAlbany, CA 94706

This exceptional commercial property, located at 816 San Pablo Avenue in Albany, CA, presents a lucrative investment opportunity. The property consists of two retail units on a 0.08-acre lot. Unit #814, a dry cleaner, has been owner-occupied for over 30 years, boasting a strong local customer base. Unit #816 is currently leased to a Farmers Insurance office since 2019, generating a monthly rent of $2,100. The tenant has expressed interest in extending their lease beyond 2024. The property enjoys a highly desirable location on San Pablo Avenue, a busy commercial street with a walkability score of 89%. Its convenient location offers easy access to Solano Avenue shops, University Village shopping center, and El Cerrito Plaza Shopping Center, all within a one-mile radius. The property's proximity to Berkeley, El Cerrito, Emeryville, Oakland, and the broader San Francisco Bay Area further enhances its appeal. The property is well-maintained and features excellent curb appeal. The combined annual gross income from both units is approximately $155,200, representing a 10% capitalization rate. Seller financing is available for qualified buyers. This is a rare chance to acquire a stable, income-producing property in a prime location. The property is classified as General Commercial.