545 San Pablo Ave, Albany, CA 94706
- $2,100,000
Listed by Anna Li, (510) 853-8810 from Better Homes and Gardens RP
(If provided) CoList: from
- List Price
- $2,100,000
- Price Change
- ▼ $380,000 1770685968
- MLS#
- CC41107194
- Status
- ACTIVE
- Lot Size
- 8,750
- Listing Area
- Albany
Property Description
A huge price reduction! Prime 40-Unit Development Opportunity in the Heart of Albany's Business District. This is a rare and highly desirable opportunity to develop a 40-unit residential project in the vibrant San Pablo Avenue corridor, Albany's premier commercial district. The property is ideally positioned near a dynamic mix of national retailers, thriving small businesses, and high-traffic corporate tenants. Proposed plans call for a six-story, 40-unit. 50% 1BR/1BA, 50% 2BR/1BA with 2BR/2BA units. SPC zoning district, which has no maximum residential density limit. Unbeatable Location. Just a 5-minute walk to Sprouts Farmers Market, and a 4-minute walk to El Cerrito Plaza, El Cerrito Plaza BART Station. Minutes to Ranch 99 Market. Solano Ave's bustling commercial strip and the merging Gilman District. Easy access to 1-80 and I-580. Short drive to Berkeley, Emeryville, Oakland, and San Francisco. This is a unique chance to invest in one of the East Bay's most sought-after neighborhoods. A top-ranked public school system. Offering long-term growth potential in a transit-rich, community-oriented location.
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Additional Information
- Acres
- 0.20
- Development Status
- Finished Lot, Other - Call Listing Agent, Preliminary Map, Site Plan
- Lot Description
- Surveyed - No, Building Pad - Yes, Corners Marked - No, 83
- Lot Size
- 8,750
- Neighborhood
- Albany
- Other Utilities
- Electricity - On Site, Gas - On Site, Sewer - On Site
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- View
- Hills, View of City Lights, Downtown
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