609 San Pablo Ave Albany, CA 94706-1128
This exceptional business opportunity presents a well-established dry cleaning, wash-and-fold, and alterations service located at 609 San Pablo Ave, Albany, CA. Currently operating successfully for 23 years, the owners are planning retirement, making this a rare chance to acquire a turnkey operation. The business boasts a strong track record and loyal clientele, built over two decades of dedicated service. Importantly, note that the dry cleaning process itself is not performed on-site, streamlining operations and potentially reducing overhead. The current monthly rent is $1,650, with lease terms open to negotiation with the landlord. The asking price of $10,000 represents a compelling value for a business with this history and established customer base. The owners are highly motivated to sell quickly, making this an ideal opportunity for a prospective buyer seeking a profitable venture with immediate income potential. The 0.06-acre lot provides ample space for the current operations. Serious inquiries are encouraged
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.