109-111 2nd St - Office FOR SALE


$2,750,000 USD
415-526-7672
109-111 2nd St, Sausalito, CA for Sale
$2,750,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate


HIGHLIGHTS

  • Two-building medical and wellness campus in the heart of Old Town Sausalito.
  • Buildings can be leased separately or together (ranging from ±1,833 SF up to ±4,266 SF)
  • Easy access to U.S. Highway 101 and the Sausalito Ferry terminal.
  • Gated parking lot providing secure on-site parking for tenants and visitors.
  • Flexible floor plans suitable for retail, medical, wellness, and other professional uses.

OVERVIEW

Located at the corner of Second and Valley Streets, the property is one block from the water and walking distance to downtown Sausalito. It has operated as a medical and wellness campus for over 20 years, serving both Marin and San Francisco, with two buildings, a private garden, and gated parking in a highly accessible location near the Golden Gate Bridge. Buildings 109 and 111 Second Street consist of two ADA-accessible buildings totaling 4200+/- SF. The 109 building (±2,400 SF) includes front consultation rooms, a central lobby, a large open gym/studio space, and workspace for up to 12 staff. Historically used for physical therapy, yoga, short-term admissions, and transitional care. Kitchen and bathroom were updated in 2022. Private rear patio with vegetable and herb garden. 11 gated parking spaces plus free street parking. Renovated to the studs in 2004 with full medical-use approvals. The 111 building (±1,800 SF) includes a main lobby, isolation room, pediatric room, five additional exam rooms, back office, kitchen, and two ADA-accessible bathrooms with showers. The layout supports med spa services, dermatology, ultrasound, colonoscopy, laser procedures, and minor surgical use. In the past included an on-site CLIA-certified lab with specimens sent to Labcorp, Quest, UCSF, Sutter, and Marin Health.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$645 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

N/Av, Sausalito

APN/PARCEL ID

065-267-37,065-267-38

ASK ABOUT THIS PROPERTY

Joe McCallumNewmarkMore Info
415-526-7672

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Joe McCallumNewmarkMore Info
415-526-7672

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