Office Building with Therapy
New
For Sale
$1,300,000
902 Carmel Ave, Albany, CA 94706
An office kitchenette and two bathrooms support the existing professional layout.
Property SizeContact for details
Days on Market2
Property Features for 902 Carmel Ave
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Asking Price
$1,300,000
Public Transit
Yes
Office Units
8
Building Details
Year Built
1923
Year Renovated
2026
Buildings
1
Listing Agency:
Red Oak Realty
Listed By:
Thomas Garabedian Cone · License #02034258
(510) 499-1235
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:05PM
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 Red Oak Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This split-level office property contains eight separate therapy offices, an office kitchenette, a full bathroom on the upper floor, and a half bathroom at ground level. Improvements include a new roof and refinished hardwood floors in 2025, followed by a new main electrical panel and a remodeled full bathroom in 2026. Commercial-use Wi-Fi was upgraded in 2026.
Albany planning staff has approved a path to residential conversion, including reinstallation of a full kitchen and addition of a bathroom. Securing the building permit would require ceiling sprinklers and removal of the driveway curb cut. The property is at 902 Carmel Ave in Albany, with a Bike Score of 98, Walk Score of 96, and Transit Score of 58.
Albany planning staff has approved a path to residential conversion, including reinstallation of a full kitchen and addition of a bathroom. Securing the building permit would require ceiling sprinklers and removal of the driveway curb cut. The property is at 902 Carmel Ave in Albany, with a Bike Score of 98, Walk Score of 96, and Transit Score of 58.
Key Highlights
- Eight separate therapy offices
- 2025 roof replacement and hardwood floor work
- 2026 main electrical panel upgrade and full bathroom remodel
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
8
Office units
Location Intelligence
Trade Area within ½ mile
2,462
Businesses Nearby
Explore this area
Business Placement
Demographics for 94706, CA
21,134
Population
8,386
Households
2.5
Avg Household Size
37
Median Age
77%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
14,089
Density / Sq Mi
$136,961
Median Household Income
$75,849
Median Earnings
$2,394
Median Rent
$1,188,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - An office kitchenette and two bathrooms support the existing professional layout.
Where is this office building located?
The property is located at 902 Carmel Ave Albany, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Eight separate therapy offices; 2025 roof replacement and hardwood floor work; 2026 main electrical panel upgrade and full bathroom remodel
