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    1019 Solano Ave Albany, CA 94706

    Sponsored
    For Sale
    $888,000

    Albany, CA Retail Space - $888,000

    Property size:
    2,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property at 1019 Solano Ave in Albany, CA, presents a compelling investment opportunity. The 2,157 square foot building, situated on a 2,500 square foot lot, is zoned SC (Solano Commercial District) and offers significant potential for a variety of commercial uses. Currently configured with three units, each featuring its own bathroom, the property boasts a strong price per square foot of $411.68. The land value alone commands $463 per square foot, reflecting the desirability of this prime location within the vibrant Solano Avenue commercial district. The second-floor unit will be delivered vacant upon occupancy on August 6, 2024, providing immediate flexibility for new tenants or owner-occupancy. The property's location in Alameda County, CA, zip code 94706, offers excellent visibility and accessibility. With its versatile layout and strong location, this property is ideal for savvy investors seeking a high-return asset or owner-users looking to establish a thriving business. The APN is 66-2790-16. This is a single-building property.

    Property Features for 1019 Solano Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,157 SF

    Building Details

    Buildings
    1

    HighLights

    • 2,157 square foot retail building on a 2,500 square foot lot in Albany, CA.
    • Zoned SC (Solano Commercial District) with three units, each with its own bathroom.
    • Strong price per square foot of $411.68 and land value of $463 per square foot.
    • Second‑floor unit vacant August 6, 2024.
    • Located at 1019 Solano Ave, Albany, CA 94706 (APN 66‑2790‑16).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Alameda
    State
    California
    Longitude
    -122.3002188
    Latitude
    37.8902788

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    Nearby Similar for Sale

    • $3,995,000
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      Albany Multi-Tenant Office Building

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      Albany Development Opportunity Near BART

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      Albany Development Opportunity Near BART

      40-unit residential development opportunity near El Cerrito Plaza BART Station.
      525 San Pablo Ave, Albany, CA 94706
      View Details
    • $1,338,000

      Albany Duplex Near Solano Shops

      Duplex in Albany with income potential near Solano shops.
      840 Key Route Blvd, Albany, CA 94706
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      Prime Albany Commercial Building

      High-visibility San Pablo Ave location.
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    FAQs

    What type of property is this?
    Individual retail property - Albany, CA Retail Space - $888,000
    Where is this individual retail property located?
    The property is located at 1019 Solano Ave Albany, CA.
    What is the asking price?
    The asking price for this property is $888,000.
    What are key features of this property?
    This property features: 2,157 square foot retail building on a 2,500 square foot lot in Albany, CA.; Zoned SC (Solano Commercial District) with three units, each with its own bathroom.; Strong price per square foot of $411.68 and land value of $463 per square foot.
    Request Owner's contact information
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    Albany, CA 94706
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1019 Solano Ave Albany, CA 94706
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