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Listed by Anna Li • Better Homes and Gardens RP
$ 2,480,000
Est. payment | /mo
8,750 Sqft Lot
$ 2,480,000
Est. payment | /mo
8,750 Sqft Lot
Key Details
Property Type Vacant Land, Commercial
Sub Type Other Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CC41107194
Lot Size 8,750 Sqft
Property Sub-Type Other Commercial Land
Source Contra Costa Association of Realtors
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
Area Albany
Exterior
Utilities Available Electricity - On Site, Gas - On Site, Sewer - On Site
View Hills, City Lights, Downtown
Building
Lot Description Surveyed - No, Building Pad - Yes, Corners Marked - No, 83
Sewer Sewer - Public
Water Water On Site
Others
Tax ID 672-826-023-02
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Yuri Lavrentiev
REALTOR® | Lic# CA DRE #02103193