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Listed by Anna Li • Better Homes and Gardens RP
$2,480,000
Est. payment /mo
1,134 SqFt
Active
Albany, CA 94706-1126
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Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,134 sqft
Price per Sqft $2,186
MLS Listing ID CC41107110
Year Built 1970
Lot Size 8,750 Sqft
Property Sub-Type Commercial Property
Source Contra Costa Association of Realtors
Property Description
Prime 40-Unit Development Opportunity in the Heart of Albany's Business District. This is a rare and highly desirable opportunity to develop a 40-unit residential project in the vibrant San Pablo Avenue corridor, Albany's premier commercial district. The property is ideally positioned near a dynamic mix of national retailers, thriving small businesses, and high-traffic corporate tenants. Proposed plans call for a six-story, 40-unit. 50% 1BR/1BA, 50% 2BR/1BA with 2BR/2BA units. SPC zoning district, which has no maximum residential density limit. Unbeatable Location. Just a 5-minute walk to Sprouts Farmers Market, and a 4-minute walk to El Cerrito Plaza, El Cerrito Plaza BART Station. Minutes to Ranch 99 Market. Solano Ave's bustling commercial strip and the merging Gilman District. Easy access to 1-80 and I-580. Short drive to Berkeley, Emeryville, Oakland, and San Francisco. This is a unique chance to invest in one of the East Bay's most sought-after neighborhoods. A top-ranked public school system. Offering long-term growth potential in a transit-rich, community-oriented location.
Location
State CA
County Alameda
Area Albany
Zoning com
Exterior
Exterior Feature Brick Veneer
Parking Features Common Parking Area, Common Parking - Private
Garage Spaces 12.0
Roof Type Tar and Gravel
Others
Tax ID 067-282-602-302
Special Listing Condition Not Applicable
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