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Listed by Annie K Kim Hancock Commercial
$3,400,000
Est. payment /mo
1,911 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,911 sqft
Price per Sqft $1,779
MLS Listing ID 323039848
HOA Y/N No
Year Built 1917
Lot Size 3,001 Sqft
Acres 0.0689
Property Sub-Type Retail
Property Description
* 2 Commercial Buildings on 2 lots located at 1917-1919 Bridgeway, Sausalito. * A highly visible corner location. * Fully occupied by Tenants. * 2 lots: 1) APN 064-141-02 (1917 Bridgeway) Built 1917 (1911 sq.ft. per tax record) 2) APN 064-141-01 (1919 Bridgeway). Built 1931 (755 sq.ft. per tax record) * Easy to show. 3 commercial tenants: 1) 1917 Bridgeway ground floor: Fred's Coffee Shop established since 1966. Rent: $11,593 / month - Lease expiration: July 9, 2028, rent escalation 2.5% annual, and option period (5 + 5). 2) 1917 Bridgeway 2nd floor: Ocean Spa Rent: $2,404 / month, Lease expiration: 10/31/2026, rent escalation 3%, and option period: none. 3) 1919 Bridgeway Ground floor: SwanZen Spa $3,090 / month, Lease expiration 10/31/2025, rent escalation 3%, and option period 3 years. Located in beautiful City of Sausalito across the Golden Gate Bridge, A highly visible corner location on Bridgeway & Spring Street corner.
Location
State CA
County Marin
Area Sausalito
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
Lot Description Shopping Nearby, Restaurant Nearby, Neighborhood, Hotel/Motel Nearby, Freeway Nearby
New Construction No
Others
Tax ID 06414102
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
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