415-297-6817
1680 Tiburon Blvd, Belvedere Tiburon, CA for Sale
Office - FOR SALE
1/6
null | Request Cap Rate

1680 Tiburon Blvd
Belvedere Tiburon, CA 94920
Outer Mill Vly/Corte Madera/Sausalito


HIGHLIGHTS

  • Redevelopment Potential
  • Value add opportunity

OVERVIEW

Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 1680 Tiburon Blvd a 4,985 square foot two Story office building on a 12,197 square foot parcel. 1680 Tiburon can be purchased with 1690 Tiburon next door. The site that has been identified in the Tiburon Housing Plan primed for residential development within the Town of Tiburon. 1680 Tiburon Blvd is well-positioned for a Value Ad investor or developer that can provide much-needed modern for-rent or for-sale residences to a cost-prohibitive single-family home market. with average prices exceeding $2.94MM and average households earning ±$354K annually. 1680 Tiburon is centrally located in downtown Tiburon and is home to a collection of professional service tenants in one of Marin County’s most desirable communities. The building sits just off Tiburon Boulevard with excellent visibility and easy access to local amenities, including the Tiburon Ferry Terminal, shops, restaurants, and waterfront trails. Several leases at 1680 Tiburon Blvd are month to month with some being 1 year, providing financial security, and reinforcing the overall stability of the rent roll. Gross annual rent of $121,142 with 12 tenants varying from 200 up to 400 square feet.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

NC/ MU

APN/PARCEL ID

059-101-14

ASK ABOUT THIS PROPERTY

Brian FosterCushman & WakefieldMore Info
415-297-6817

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Brian FosterCushman & WakefieldMore Info
415-297-6817

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