1321 Gilman St - Auto Repair FOR SALE


Albany, CA 94706
$1,600,000 USD
510-450-1410
1321 Gilman St, Albany, CA for Sale
$1,600,000 USD
Auto Repair - FOR SALE
1/2
null | Request Cap Rate

1321 Gilman St
Albany, CA 94706


HIGHLIGHTS

  • Ideally situated at the corner of Nielsen Street in the heart of the highly desirable Westbrae Shopping District.
  • Near vibrant local businesses such as Blue Heron Bikes, Berkeley Bagels, Kiku Sushi, Headlands Brewing, Adega Azul Wine Bar, and more.
  • Easy access to North Berkeley BART Station and 80 and 580 Freeways.

OVERVIEW

The offering comprises a ±7,080-SF corner parcel zoned CN (Commercial Neighborhood) at a 35-foot height limit with up to 100% lot coverage. Perfect for 5-6 townhome style condos. Gilman Street frontage of ±109 feet. Now existing are older auto repair buildings totaling ±2,357 SF. Clean Phase 1 Environmental Report just completed. Grandfathered in for auto repair use or could be repurposed for most retail or office uses. 10% down SBA available for owner users.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$778 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,080 SF

ZONING

-

APN/PARCEL ID

060-2415-024-00

ASK ABOUT THIS PROPERTY

Erik HoushMRE Commercial Real EstateMore Info
510-450-1410

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Erik HoushMRE Commercial Real EstateMore Info
510-450-1410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.