1905 Novato Blvd - Assisted Livings FOR SALE


Novato, CA 94947
$1,300,000 USD
415-310-1520
1905 Novato Blvd, Novato, CA for Sale
$1,300,000 USD
Assisted Livings - FOR SALE
1/11
null | 6.15% Cap Rate

NEW


1905 Novato Blvd
Novato, CA 94947


HIGHLIGHTS

  • Owner-User or Investment Opportunity
  • Location on Main Novato Thouroughfare
  • ADA Ramps and Restrooms
  • Redevelopment Possibilities

OVERVIEW

Keegan & Coppin Company is pleased to offer for sale an investment development opportunity or an owner-user property on a main thoroughfare in Novato, CA. The former owner user was an adult/child day care facility. The current zoning has been modified to R-1 (7.5), so any business use similar will fall under a legal non-conforming business and can continue similar operations. Other uses would need to apply for a Conditional Use Permit. The building is in very good condition, new roof in 2021. The parking was repaved in 2011. There are 2 large meeting rooms, kitchen, and private offices. It has an ADA ramp front and back and ADA restrooms. It is situated on a level one acre lot with immediate access to a major Novato traffic artery. The building was built in 1973 on Novato Blvd. with a large parking area. Investors will appreciate the site’s possibilities, either as an office property or as a site ideal for conversion to residential by redeveloping the property.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$260 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

RI (7.5)

APN/PARCEL ID

140-011-66

ASK ABOUT THIS PROPERTY

Jeffrey WilmoreKeegan & Coppin Inc.More Info
415-310-1520

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Jeffrey WilmoreKeegan & Coppin Inc.More Info
415-310-1520

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