Newmark is pleased to present an exclusive opportunity to purchase a prominent, infill development site in downtown Novato, California. Known locally as the “former Mission Lodge site,” the 0.92-acre vacant parcel is extremely well-located. Boasting a “walk score” of 91 out of 100, the site is near numerous cafes, boutiques, restaurants and is within one-half mile of Whole Foods, Trader Joes and the newly opened Novato Downtown SMART commuter rail station. Current zoning allows a variety of commercial uses, but the site also represents a re-entitlement opportunity for multifamily / mixed-use development, especially given severe housing shortages and pressure the City now faces to meet its state-mandated RHNA target and deadline – requiring the City to identify sites for 2,000+ new housing units by January 2023. The site is being offered at a price of $2,250,000. Please contact listing agents for details