1917-1919 Bridgeway - Storefront Retail/Office FOR SALE


Sausalito, CA 94965
$3,400,000 USD
415-810-2711
1917-1919 Bridgeway, Sausalito, CA for Sale
$3,400,000 USD
Storefront Retail/Office - FOR SALE
1/41
null | Request Cap Rate

1917-1919 Bridgeway
Sausalito, CA 94965


OVERVIEW

* 2 Commercial Buildings on 2 lots located at 1917-1919 Bridgeway, Sausalito. * A highly visible corner location. * Fully occupied by Tenants. * 2 lots: 1) APN 064-141-02 (1917 Bridgeway) Built 1917 (1911 sq.ft. per tax record) 2) APN 064-141-01 (1919 Bridgeway). Built 1931 (755 sq.ft. per tax record) * Easy to show. * 3 commercial tenants: 1) 1917 Bridgeway ground floor: Fred’s Coffee Shop established since 1966. Rent: $11,593 / month - Lease expiration: July 9, 2028, rent escalation 2.5% annual, and option period (5 + 5). 2) 1917 Bridgeway 2nd floor: Ocean Spa Rent: $2,404 / month, Lease expiration: 10/31/2026, rent escalation 3%, and option period: none. 3) 1919 Bridgeway Ground floor: SwanZen Spa $3,090 / month, Lease expiration 10/31/2025, rent escalation 3%, and option period 3 years. Located in beautiful City of Sausalito across the Golden Gate Bridge, A highly visible corner location on Bridgeway & Spring Street corner.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$1,275 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1917-1919 Bridgeway, Sausalito

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

-

APN/PARCEL ID

064-141-01,064-141-02

ASK ABOUT THIS PROPERTY

Annie KimHancock CommercialMore Info
415-810-2711

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Annie KimHancock CommercialMore Info
415-810-2711

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