938 SAN PABLO AVENUE, ALBANY
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1 938 SAN PABLO AVENUE, ALBANY For Sale: Mixed-Use Property in High-Traffic Location LEASED INVESTMENT WITH OPPORTUNITY FOR OWNER OCCUPANCY PRICE: $1,300,000 (price/sqft: $326) CONTACT: Robert Loebl License #
2 HIGH TRAFFIC LOCATION IN THE HEART OF ALBANY. 938 Crawfish seafood restaurant and bar plus spacious apartment above. PROPERTY FEATURES Building size: ± 3,984 SF Lot size: ± 5,000 SF APN# Ground floor restaurant 938 Crawfish: - Size: ± 2,934 SF - Kitchen is fully equipped for restaurant use - ABC Type 47 liquor license (one of just a handful in Albany) - Prominent signage/identity - 50 street frontage on busy San Pablo Avenue - Two separate restrooms - Leased through December 2018 with 5-year option to extend - Current rent $4,800/month Second floor residential unit: - Size: ± 1,050 SF - 4 bedroom/1 bath - Ample natural light with skylight - Private, fenced backyard and driveway access - Leased month to month - Current rent $2,300/month Contact broker for additional financials LOCATION HIGHLIGHTS Dense neighborhood shopping district serving Albany, Berkeley and El Cerrito Easy walking distance to new Sprouts Farmers Market organic grocery store Near the base of thriving Solano Avenue; half block to Albany Twin Theatres Half block to Marin Avenue with high-income neighborhoods and easy freeway access Close to Whole Foods Market and El Cerrito Plaza with national retailers such as Barnes and Nobles, Bed, Bath and Beyond and Trader Joe s Near UC Berkeley s University Village, a 50-acre housing community for students who are married or have dependents. Owned and administered by UC Berkeley, it includes recreation center, Belmont Village Senior Living, youth and adult classes Walk Score of 80 Near bike and pedestrian trails; well-served by AC Transit Easy, unmetered street parking San Pablo Avenue (aka State Highway 123) is a major east bay thoroughfare Median household income within 1 mile is ±$90,415 (CoStar)
3 NEARBY AMENITIES SAN PABLO AVENUE ALBANY Sprouts Farmers Market Whole Foods Market Tokyo Fish Market Walgreens Costco Trader Joe s Safeway Lucky Supermarket Target BevMo Albany Bowl Albany Twin Landmark Theatres University Village El Cerrito Plaza THE CITY OF ALBANY is surrounded by the San Francisco Bay to the west, the Berkeley Hills to the East, and the communities of Berkeley, El Cerrito, Kensington and Richmond. Albany s 1.7 square miles offer diversity within a small town community which prides itself on being safe, family-oriented, with strong services and programs for residents of all ages. Albany s public schools have an outstanding reputation with student test scores at elementary, middle and high school levels among the highest in the state. Recreational opportunities in Albany include East Shore State Park, the San Francisco Bay Trail, Golden Gate Fields Race Track, Albany Aquatic Center, several parks, and many sports leagues for adults and children. Small-town ambience combined with central location in a major metropolitan region explains why the median home value in Albany is approximately $945,900 (Zillow).
4 PHOTO TOUR
5 PHOTO TOUR
6 PHOTO TOUR The information contained herein has been provided by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we cannot guarantee it. All information should be verified prior to leasing.
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