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1501 Solano Ave
5,329 SF Vacant Retail Building Albany, CA 94707 £2,147,288 (£403/SF)
INVESTMENT HIGHLIGHTS
- High-Profile Corner location across from Safeway at middle of vibrant Solano Ave
- Units can be delivered 100% leased for investors or partially leased for restaurateur owner/users
- 2-unit building consisting of a restaurant space and a retail/fitness space
EXECUTIVE SUMMARY
- High-Profile Corner location across from Safeway at middle of vibrant Solano Ave.
- 2-unit building consisting of a restaurant space and a retail/fitness space (units canbe reconfigured to various sizes).
- Units can be delivered 100% leased for investors or partially leased for restaurateur owner/users
- Property includes off-street parking and unattached storage building.
- Building has been seismically retrofitted per City of Albany 1998 requirements.
Restaurant Highlights:
- Features large bar and demonstration kitchen with counter seating.
- Large windows give fantastic natural light throughout the space.
- Additional seating, prep and storage in mezzanine.
- Extra storage in rear building.
- High ceilings with a brick, steel, and natural wood aesthetic.
- Two bathrooms with waiting vestibule.
- Kitchen is fully equipped with Type 1 Hood and walk-in refrigeration.
- Heating and air conditioning.
- Eligible for owner-occupied SBA Loan.
- FF&Esand Type 47 liquor license are not included, but available by separate purchase.
- Current tenant may be willing to sign short-term lease with new buyer.
- ±2,828 SF
Fitness Highlights:
- Large open concept with high ceilings, perfect for dance and fitness classes.
- Skylights bring natural light throughout the space.
- Separate fitness or office/meeting space in mezzanine
- High ceilings with a brick, steel, and natural wood aesthetic.
- Large in-unit bathroom.
- Heating and air conditioning.
- Leased to “The Dance Floor” to July 31, 2029. (Inquire with Broker.)
- ±2,501 SF
PROPERTY FACTS
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- Restaurant space featuring a large bar and demonstration kitchen with counter seating, complemented by expansive windows that provide fantastic natural light throughout. - Additional seating, prep, and storage are available on the mezzanine, with extra storage in the rear building. - The high ceilings highlight a stylish aesthetic of brick, steel, and natural wood. - There are two bathrooms, each with a waiting vestibule. - - The kitchen is fully equipped with a Type 1 Hood and walk-in refrigeration, and the space is serviced by heating and air conditioning. - While FF&Es and the Type 47 liquor license are not included, they are available for separate purchase. (Liquor License offered at heavily discounted rate of $25k)
| Space | Size | Space Use | Position | Available |
| 1st Floor | 2,828 SF | Restaurant | - | Now |
1st Floor
| Size |
| 2,828 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 2,828 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
- Restaurant space featuring a large bar and demonstration kitchen with counter seating, complemented by expansive windows that provide fantastic natural light throughout. - Additional seating, prep, and storage are available on the mezzanine, with extra storage in the rear building. - The high ceilings highlight a stylish aesthetic of brick, steel, and natural wood. - There are two bathrooms, each with a waiting vestibule. - - The kitchen is fully equipped with a Type 1 Hood and walk-in refrigeration, and the space is serviced by heating and air conditioning. - While FF&Es and the Type 47 liquor license are not included, they are available for separate purchase. (Liquor License offered at heavily discounted rate of $25k)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 067-2848-017-00 | Improvements Assessment | £1,363,353 |
| Land Assessment | £700,879 | Total Assessment | £2,102,994 |
PROPERTY TAXES
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1501 Solano Ave
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