26
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$2,480,000
Est. payment /mo
8,751 Sqft Lot
New
525 San Pablo Ave Albany, CA 94706-1126
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41107194
HOA Y/N No
Lot Size 8,751 Sqft
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. Views: Downtown
Location
State CA
County Alameda
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available
Building
Water Public
Others
Tax ID 67282602302
Acceptable Financing Cash
Listing Terms Cash
Listed by Anna Li Better Homes and Gardens RP