1131 Magnolia Ave - Storefront Retail/Office FOR SALE


Larkspur, CA 94939
$3,000,000 USD
415-762-8061
1131 Magnolia Ave, Larkspur, CA for Sale
$3,000,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 2.32% Cap Rate

1131 Magnolia Ave
Larkspur, CA 94939


HIGHLIGHTS

  • North Magnolia location
  • Mixed use investment property
  • Three buildings on one parcel
  • Three commercial tenants, two residential units

OVERVIEW

There are three structures on the 15,000 square foot parcel. 1125-1127 is a CMU retail building of approximately 5,000 square feet. There are two tenants in the front and an under utilized storage space toward the rear. 1,125 is occupied by Balloon Delights, and 1,127 is occupied by Gloss Beauty. 1129 Magnolia is a freestanding commercial building with a Pilates studio. 1131 is a residential duplex. The property is a potential value-add opportunity.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

2.32%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,183 SF

ZONING

NEC Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matthew BrownMeridian CommercialMore Info
415-762-8061

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Matthew BrownMeridian CommercialMore Info
415-762-8061

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