890 Lamont Ave - Office FOR SALE


Novato, CA 94945
$1,200,000 USD
707-664-1400
890 Lamont Ave, Novato, CA for Sale
$1,200,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

890 Lamont Ave
Novato, CA 94945


HIGHLIGHTS

  • Owner-User Opportunity / Income in Place
  • Seller Leaseback Available
  • Four Suites with Four Separate Meters
  • Flexible Occupancy Options
  • Recent Upgrades to HVAC, Roof and Paint
  • Convenient Highway 101 Access

OVERVIEW

DESCRIPTION OF OPPORTUNITY 890 Lamont Avenue presents an opportunity to acquire a multi-suite office property with both investment income and owner-user flexibility. Built in 1985, the building totals approximately 4,665 square feet and is arranged across two floors with four separate suites. The layout allows a buyer to occupy a portion of the property while maintaining income from the remaining space. The property has been maintained by ownership and benefits from recent upgrades to HVAC, roof, and paint. In addition, the property is located within an office association, with monthly dues of $414 covering landscaping, insurance, and common area maintenance. This is a practical opportunity for an investor, partial owner-user, or buyer seeking phased occupancy over time. OWNER-USER / RENTAL INCOME OPPORTUNITY Occupy a portion of the building while collecting income from the balance. Existing month-to-month tenants would like to remain, and the seller is also willing to lease back a portion of the property, creating added income and flexibility for a new owner.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,396 SF

ZONING

PUD, Novato

APN/PARCEL ID

153-121-29

ASK ABOUT THIS PROPERTY

Demi BasiliadesKeegan & Coppin Inc.More Info
707-664-1400

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Demi BasiliadesKeegan & Coppin Inc.More Info
707-664-1400

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