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Listed by Anna Li • Better Homes and Gardens RP
$2,480,000
Est. payment /mo
8,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 8,750 sqft
Price per Sqft $283
MLS Listing ID 41107194
HOA Y/N No
Lot Size 8,750 Sqft
Property Sub-Type Comm Lots and Land
Source CONTRA COSTA
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
Interior
Fireplace No
Exterior
View City Lights, Downtown, Hills
Building
Lot Description Premium Lot, Area Lighting, Land Locked, Paved, Near Public Transit, Street Light(s)
Water Public
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