Listed price in listed location currency (USD).
$3,000,000

000

MLS® 41136641

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $57,000
Days Active 7
Lot Size 
Approx. Age 1948
MLS® Number 41136641

Property Address: 900 Masonic Ave, Albany, CA, 94706-2128

Average square foot calculated using Size range provided by listing agent.

Description

The retail corner at 900 Masonic in Albany, California presents a rare opportunity to acquire a fully flexible, multi-tenant commercial asset in one of the East Bay’s most supply-constrained submarkets. Positioned along a visible neighborhood corridor with steady local traffic, the property benefits from strong daily essentials demand driven by nearby residential density, schools, and commuter movement through the Albany–Berkeley edge. Currently configured with a mix of a restaurant, tax office, and barbershop, the building reflects a classic “small-bay retail” income profile that historically performs well in recession-resistant categories. The property allows an investor or developer to reset the basis, reposition the tenancy mix, and immediately capture market rents without legacy lease constraints or tenant complications. The upside here is primarily driven by flexibility. An owner-user can occupy part or all of the space while leasing the remainder, while a pure investor can re-tenant with stronger credit service providers, fast-casual food operators, wellness uses, or boutique retail concepts. Given the corridor’s character, there is also potential for curated mixed-use activation that better aligns with current Albany zoning trends and neighborhood preferences. The City of Albany’s generally supportive stance toward modest density increases in commercial corridors adds optionality for future repositioning, even if near-term value is primarily income-driven rather than ground-up redevelopment. This is a clean-slate East Bay retail asset with meaningful repositioning leverage. The buyer avoids transitional friction and gains the ability to immediately execute a leasing strategy aligned with current market demand. In a tight submarket like Albany, that combination of visibility, flexibility, and reset tenancy creates a compelling value-add opportunity with strong long-term hold characteristics.
MLS® Number41136641
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1948
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2026List Date
$3,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
900 Masonic Ave, Albany, CA

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