219-223 Caledonia St - Office FOR SALE


$2,287,000 USD
415-461-1010
219-223 Caledonia St, Sausalito, CA for Sale
$2,287,000 USD
Office - FOR SALE
1/15
null | Request Cap Rate


HIGHLIGHTS

  • Unique investment: perfect for investment or owner-user purposes
  • Convenient location in southern Marin County
  • Excellent demographics
  • Extremely rare opportunity

OVERVIEW

Keegan & Coppin Company, Inc. is pleased to offer for sale a charming investment opportunity in world-famous Sausalito, California. This mixed-use asset sits on Caledonia Street, a wellknown destination for shoppers, restaurant-goers, and service-business patrons alike. The offering consists of one specialized structure containing three separate addresses – two retail stores and an office suite – a parking stall, and well-groomed landscaping on the parcel. All but one suite is currently occupied, providing a value-add opportunity for an investor to lease the vacancy, or as an owner-occupant possibility. The flexible zoning permits many types of businesses to lease rarely vacant suites in this neighborhood, providing demand for investments like 219-223 Caledonia Street. The building is in immaculate condition, with plumbing, electrical wiring, and internet wiring redone within the past 10 years, and the roof was updated in 2015. All suites have been updated with recent improvements, including HVAC systems and ADA restroom enhancements. The site is nestled in a hillside residential community of Sausalito in southern Marin County, providing a picturesque and near water-front setting, providing elegance and charm for its occupants and visitors. The community is very safe, with the Sausalito Police Department and Southern Marin Fire Department stations blocks away. With ease of access to Highway 101, this must-see investment is within a short distance to many retail, dining, and service-related industries. The Sausalito Ferry Terminal is 0.6 miles from this property, and the downtown tourist and retail area of Sausalito is within 0.5 miles to 0.7 miles. The Golden Gate Bridge is approximately 3 miles southbound, en route to San Francisco. Contact Agents for a tour today!

FOR SALE DETAILS

PRICE

$2,287,000 USD

PRICE/SF

$669 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial Residential

APN/PARCEL ID

065-052-01

ASK ABOUT THIS PROPERTY

Nathan BallardKeegan & Coppin Company, Inc.More Info
415-461-1010

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Nathan BallardKeegan & Coppin Company, Inc.More Info
415-461-1010

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