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1321 Gilman St

2,057 SF 100% Leased Retail Building Albany, CA 94706 £1,262,400 (£614/SF)

Investment Highlights

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

Executive Summary

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.

Attachments

1321 Gilman , Berkeley For Sale 11-24

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,057 SF
Building Class
C
Year Built
1940
Price
£1,262,400
Price Per SF
£614
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.29
Land Acres
0.16 AC
Parking
6 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
128 ft on Gilman St
1 of 1
Walk Score ®
Very Walkable (86)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Safeway
Bank of America
Cb&t-california Bank & Trust
Barney's Gourmet Hamburgers
Orangetheory Fitness
Chase Bank
Mechanics Bank
Starbucks
Andronico's Community Markets
Anytime Fitness

PROPERTY TAXES

Parcel Number 060-2415-024-00 Improvements Assessment £16,891
Land Assessment £63,120 Total Assessment £92,360

PROPERTY TAXES

Parcel Number
060-2415-024-00
Land Assessment
£63,120
Improvements Assessment
£16,891
Total Assessment
£92,360
(510) 450-1410

  • Listing ID: 33841372

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 1321 Gilman St, Albany, CA 94706

The Retail Property at 1321 Gilman St, Albany, CA 94706 is currently available For Sale. Contact MRE Commercial Real Estate for more information.

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© 2024 CoStar Group

1321 Gilman St
(510) 450-1410 x

1321 Gilman St

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Erik Housh

(510) 450-1410

(510) 450-1410

Matt Gondak

(510) 450-1434

(510) 450-1434

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