754 Sir Francis Drake Blvd - Retail FOR SALE


San Anselmo, CA 94960
$2,500,000 USD
415-526-7672
754 Sir Francis Drake Blvd, San Anselmo, CA for Sale
$2,500,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

754 Sir Francis Drake Blvd
San Anselmo, CA 94960


OVERVIEW

Newmark, as exclusive advisor, is pleased to offer for sale 754 Sir Francis Drake Blvd, a ±6,024 rentable square foot, two-story retail/office building located on a ±0.46-acre site in San Anselmo. This offering represents a very rare and unique opportunity for an owner/ user or investor to acquire a standalone commercial building in the Ross Valley, the heart of Marin County, California. The property is designed with eight (8) tenant spaces ranging in size from ±577 RSF to ±1,242 RSF, which can be combined in a number of configurations. The property benefits from incredible drive by visibility, on-site parking, walkability to downtown San Anselmo and views of Mount Tamalpais. Additionally, 754 Sir Francis Drake Blvd also provides an opportunity for residential re-development, given the shortage of new housing production in Marin County and changes to California state laws in recent years. In 2016, a 16-unit apartment complex was approved on the site, and the property is acknowledged as a Housing Element Opportunity Site by the Town of San Anselmo. Contact Joe McCallum (CA RE Lic #02048815) with Newmark at (415) 526-7672 or joe.mccallum@nmrk.com for more information.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Hub Center

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-L

APN/PARCEL ID

006-091-39

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.