1901-1907 Bridgeway - Convenience Store FOR SALE


$3,274,000 USD
408-588-2372
1901-1907 Bridgeway, Sausalito, CA for Sale
$3,274,000 USD
Convenience Store - FOR SALE
1/3
null | 5.25% Cap Rate


HIGHLIGHTS

  • Fully leased retail investment with two established tenants in place.
  • Positioned along Bridgeway, Sausalito’s primary commercial corridor.
  • Freestanding retail building situated on two parcels totaling approximately 12,000 SF.
  • Benefits from local consumer traffic and more than one million annual visitors to Sausalito.
  • Located near the Golden Gate Bridge, waterfront district, ferry terminal, and Marinship area.
  • Parking field includes 12 parking spaces and 1 accessible space.

OVERVIEW

1901-1907 Bridgeway presents the opportunity to acquire a fully leased retail investment located along Bridgeway, Sausalito’s primary commercial corridor and the city’s main north-south thoroughfare. The property consists of a freestanding retail building constructed in 1966 and positioned on approximately 12,000 square feet of land. The asset is currently occupied by two tenants, including 7-Eleven and MPL, providing immediate in-place income supported by a 100% leased occupancy profile. The property benefits from frontage along one of Marin County’s most visible commercial corridors, connecting the Golden Gate Bridge, downtown Sausalito, the waterfront district, ferry terminal, Marinship business area, and numerous restaurants and retail destinations. This location provides exposure to both local residents and visitors traveling throughout the region. Sausalito remains one of the Bay Area’s most supply-constrained waterfront communities, characterized by limited development opportunities and a highly established commercial environment. Tourism serves as a major economic driver for the market, with more than one million annual visitors reported by the Sausalito Chamber of Commerce. Nearby attractions include the Golden Gate Bridge, Marin Headlands, Muir Woods National Monument, Angel Island State Park, and the Sausalito waterfront. These demand generators support year-round consumer activity for neighborhood-serving retail businesses. The property’s stabilized occupancy, established tenancy, parking availability, and location within a mature coastal community position the asset as an opportunity for investors seeking long-term ownership in a highly constrained Bay Area retail market.

FOR SALE DETAILS

PRICE

$3,274,000 USD

PRICE/SF

$657 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,573 SF

ZONING

CN-1

APN/PARCEL ID

064-141-05,064-141-06

ASK ABOUT THIS PROPERTY

David BuchholzKidder MathewsMore Info
408-588-2372

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David BuchholzKidder MathewsMore Info
408-588-2372

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