828 San Pablo Ave - Medical FOR SALE


Albany, CA 94706
$4,800,000 USD
510-336-4721
828 San Pablo Ave, Albany, CA for Sale
$4,800,000 USD
Medical - FOR SALE
1/28
null | 4% Cap Rate

828 San Pablo Ave
Albany, CA 94706


OVERVIEW

The subject property is a large multi-tenant office building, located on the busy street of San Pablo Avenue in the City of Albany. The building has been well cared for by current ownership with many upgrades including a new roof, common area upgrades and electrical replacement. The diverse tenant base provides a stable income stream with upside on turnover. Further upgrades to the property, including solar, could help lower operating costs long term. Ideally located a half block from Solano Ave, a historic main thoroughfare running from Albany up to Berkeley, this eclectic commercial zone is home to a diverse commercial tenant base with many local favorites. Nearby residents and out of town guests flock to the area for the dining, retail, and entertainment offerings. Rivoli Restaurant, Therapy Store, Noah's, Solano Cellars, Peet's Coffee, and Andronico's are some of the many options on Solano Ave. With the 80/580 Freeways, San Pablo Ave, and two BART stations within close proximity, this location is highly accessible for patrons from all over.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Atrium Plaza on Berkeley/Albany Border

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

SPC

APN/PARCEL ID

066-2791-008-02

ASK ABOUT THIS PROPERTY

Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

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Grant ChappellNAI Northern CaliforniaMore Info
510-336-4721

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.