1025 5th St - Office FOR SALE


Novato, CA 94945
$1,420,815 USD
707-528-1400
1025 5th St, Novato, CA for Sale
$1,420,815 USD
Office - FOR SALE
1/27
null | Request Cap Rate

1025 5th St
Novato, CA 94945


HIGHLIGHTS

  • Solar Panels on the roof
  • Ample on-site parking lot with concrete pavers - 13 spaces (incl. garage)
  • Wood frame construction with wood shake exterior and composition roofing

OVERVIEW

• 3,597+/- (per plans) total square footage of the building • 15,000+/- sq. ft.; .34+/- acre total size of the parcel • Separate 2-car garage building of 465+/- sq. ft. • The building floor plan consists of 1-story and 2-story sections with multiple professional office suites. Currently there are multiple separate office suites of which are leased or owner occupied. Current leases are month-to-month. The current annual income is approximately $82,946. Please inquire for further income & expense details • Commercial – multi-tenant office building located on one parcel downtown Novato • Built in 1947/1949 & Recently Remodeled • One meter for PG&E/water and separate HVAC units for each suite/office • Solar Panels on the roof • Ample on-site parking lot with concrete pavers - 13 spaces (incl. garage) • Wood frame construction with wood shake exterior and composition roofing • Zoned CBD – Downtown Core Business District. The neighboring properties are zoned office commercial and residential • Located in downtown Novato just off Grant Avenue and Vallejo Ave

FOR SALE DETAILS

PRICE

$1,420,815 USD

PRICE/SF

$395 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial - Multi-Tenant-Office Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

CBD

APN/PARCEL ID

141-252-09

ASK ABOUT THIS PROPERTY

Rhonda DeringerKeegan & Coppin Company, Inc.More Info
707-528-1400

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Rhonda DeringerKeegan & Coppin Company, Inc.More Info
707-528-1400

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