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Listed by Anna Li, DRE #01189430 • Better Homes and Gardens RP
$2,100,000
Est. payment /mo
1,134 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 1,134 sqft
Price per Sqft $1,851
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
A huge price reduction! 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. Subject to final approval of the City of Albany.
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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