310-322 San Anselmo AveSan Anselmo, CA 94960

This exceptional investment opportunity presents a three-tenant building situated in the heart of downtown San Anselmo, California, at 310-322 San Anselmo Avenue. The property boasts a total of 1,531 square feet across two stories, constructed in 1939 with wood frame/stucco construction and a built-up bitumen roof. Currently, the building comprises three units: a long-term tenant (Heldfond Book Gallery) occupies one unit, a psychologist occupies another, and a vacant unit (formerly a dry cleaning business, no chemical remnants) is available. The property sits on a 1,500 square-foot lot and is zoned C-2, Downtown Commercial, allowing for diverse commercial uses. Parking is available on the street, with a nearby city lot providing additional options. The building features heating and air conditioning, but lacks fire sprinklers. It's important to note that the property is located in an AE flood zone (subject to 100-year flooding) and has experienced flooding in the past. The asking price is $695,000, translating to $454 per square foot. The Assessor's Parcel Number is 007-254-08. This presents a unique chance to acquire a well-located commercial property in a thriving downtown area, despite the flood zone designation and lack of fire sprinklers. Potential buyers should conduct thorough due diligence regarding flood risk and insurance implications.