1300 Grant Ave - Office FOR SALE


Novato, CA 94945
$1,800,000 USD
415-342-7293
1300 Grant Ave, Novato, CA for Sale
$1,800,000 USD
Office - FOR SALE
1/54
null | 6.19% Cap Rate

1300 Grant Ave
Novato, CA 94945


HIGHLIGHTS

  • Ideal Location, Fully Leased, Excellent condition

OVERVIEW

Located in the heart of Downtown Novato, 1300 Grant Avenue offers the opportunity to acquire a fully leased, professionally managed seven-unit commercial investment property in one of Marin County's most established retail and office corridors. The asset provides stable in-place cash flow through a diversified tenant roster, making it well suited for investors seeking durable income and long-term capital preservation. Positioned along Grant Avenue, the property benefits from exceptional street frontage, strong visibility, consistent pedestrian and vehicle traffic, and immediate access to Downtown Novato's restaurants, retail amenities, professional services, and Highway 101. The property's central location supports tenant retention while providing continued demand from local businesses serving the surrounding residential and commercial community. Ownership has maintained the asset to a high standard, resulting in a well-presented property with strong occupancy history and professional management. The seven-unit configuration provides tenant diversification, reducing reliance on any single occupant while offering stable cash flow and operational flexibility. Investment opportunities of this caliber in Downtown Novato are increasingly limited. Fully occupied commercial assets with established tenancy, quality maintenance, and a premier Marin County location rarely become available for acquisition. 1300 Grant Avenue represents an opportunity to acquire a stabilized income-producing asset with reliable in-place revenue and long-term appreciation potential in one of the North Bay's most desirable investment markets.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

6.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

CDR

APN/PARCEL ID

141-261-21

ASK ABOUT THIS PROPERTY

Matthew ThomasBerkshire Hathaway DrysdaleMore Info
415-342-7293

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Matthew ThomasBerkshire Hathaway DrysdaleMore Info
415-342-7293

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