This exceptional mixed-use property in San Anselmo, Marin County, CA, presents a rare investment opportunity. The 3,000 square foot building, constructed in 1977, sits on a 0.15-acre lot and boasts 100% occupancy with five diverse service-based tenants. The property features a two-story design, including a lower-level garage providing five covered parking spaces, plus seven additional uncovered spaces for a total of twelve. The permitted zoning is Limited Commercial, offering flexibility for future use. Located at 761 Sir Francis Drake Blvd, 94960, this fee simple ownership (land and building) offers a stable income stream due to its fully leased status. The property benefits from high visibility and accessibility along a major thoroughfare, attracting both local and regional traffic. Situated in a high-growth community with affluent demographics and an average household income exceeding $220,000, this investment provides access to a substantial customer base. The property's location is just 20 miles north of San Francisco, combining suburban charm with proximity to the Bay Area's economic center. The asking price is $2,800,000, and the APN is 006-083-02. This is a truly unique opportunity to acquire a well-maintained, income-producing asset in one of the nation's most desirable markets.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$942,076
Hospitality
$862,936
Educational
$717,953
Medical
$742,644
Retail
$1,116,816
Location Insight
City
San Anselmo
County
Marin
State
California
Latitude
37.9784
Longitude
-122.564
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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