Live-Work Building with Post Office
New
For Sale
$990,000
34900 Albion Ridge Rd, Albion, CA 95410
Anchored by a long-term U.S. Post Office lease, with a one-bedroom apartment and strong Highway 1 visibility.
Days on Market2
Property Features for 34900 Albion Ridge Rd
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Anchor Co-Tenants
United States Post Office
Building Details
Building Size
4,996 SF
Tenancy
Multi
Listing Agency:
Pamela Hudson Real Estate
(707) 813-0813
Listed By:
Pam Hudson · License #01036573
(707) 813-0813
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 12:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pamela Hudson Real Estate
Investment Insights
Based on property information with market context.
This commercial live-work opportunity includes a long-term U.S. Post Office lease as the anchor tenant. A hardware store known as Village Hardware occupies a third of the building, and business and inventory may be included in the sale.
The property is located in Albion, CA, next to a grocery store, with the local Fire Department occupying a contiguous parcel. The one-bedroom, one-bath apartment is accessible from the west side of the property.
The site offers exceptional visibility from Highway 1, along with ample parking and available signage for customer-facing use.
The property is located in Albion, CA, next to a grocery store, with the local Fire Department occupying a contiguous parcel. The one-bedroom, one-bath apartment is accessible from the west side of the property.
The site offers exceptional visibility from Highway 1, along with ample parking and available signage for customer-facing use.
Key Highlights
- Long‑term U.S. Post Office lease serves as anchor tenant
- Village Hardware occupies one‑third of the building
- One‑bedroom, one‑bath apartment accessible from the west side
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.7k | $22.56 |
| − Vacancy | −$16.0k | −$3.20 |
| EGI | $96.7k | $19.36 |
| − OpEx | −$24.2k | −$4.84 |
| NOI | $72.5k | $14.52 |
4,996 SF · lease $22.56/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.04M
$906.6K – $1.21M
NOI $72,529 @ 7.0% cap · market cap 7.33%
Second Best
Mixed Use
$867.2K
$758.8K – $1.01M
NOI $60,701 @ 7.0% cap · market cap 6.13%
Theoretical Best
Flex RnD
$1.87M
$1.63M – $2.18M
NOI $130,748 @ 7.0% cap · market cap 13.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 95410, CA
974
Population
482
Households
2
Avg Household Size
60
Median Age
61%
College-Educated
98%
High-School Grad
30.0 sq mi
ZIP Area
32
Density / Sq Mi
$39,628
Median Household Income
$706,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Live-work space - Anchored by a long-term U.S. Post Office lease, with a one-bedroom apartment and strong Highway 1 visibility.
Where is this live-work space located?
The property is located at 34900 Albion Ridge Rd Albion, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Long‑term U.S. Post Office lease serves as anchor tenant; Village Hardware occupies one‑third of the building; One‑bedroom, one‑bath apartment accessible from the west side
