Albany, CA 94706,902 Carmel Avenue
Albany, CA 94706,902 Carmel Avenue
Albany, CA 94706,902 Carmel Avenue
Albany, CA 94706,902 Carmel Avenue
Albany, CA 94706,902 Carmel Avenue
Albany, CA 94706,902 Carmel Avenue
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$1,112,000

$1,260,000

11.7%
Est.Price: ?

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Est. payment /mo

3,484 Sqft Lot


SOLD DATE : 06/10/2024

Key Details

Sold Price $1,112,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41038959

Sold Date 06/10/24

HOA Y/N No

Year Built 1926

Annual Tax Amount $19,998

Lot Size 3,484 Sqft

Property Description

First time on the market in 35 years. Meticulously maintained Therapy Office in the heart of Albany's Upper Solano neighborhood. This opportunity is ideal for investors and owner-users alike. Currently fully occupied, but eligible for SBA, as 51% of the square footage can be owner-occupied within 6 months of COE. The remaining leases last through June 2025. This original MacGregor home was extensively reconfigured into eight private offices in 1988, with a kitchenette, two restrooms, reception area with intercom, and sound abatement for privacy throughout. The offices are light-filled and welcoming. The property has enjoyed high occupancy throughout the past 35 years, often with a waiting list.

Location

State CA

County Alameda

Zoning SC

Interior

Heating Forced Air

Fireplace No

Others

Tax ID 5080200081

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Matthew Reagan • KW Advisors East Bay
Bought with Ernie Sexton • Sexton Group Real Estate
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