1917 BridgewaySausalito, CA 94965

Property Details for 1917 Bridgeway

Year built

1917

Lot size

0.07 AC

Property size (Sq ft)

1,911 SF

Property type

Other commercial real estate

APN

064-141-02

APU

6414102

Description

This exceptional investment opportunity consists of two commercial buildings situated on two lots at the highly visible corner of Bridgeway and Spring Street in beautiful Sausalito, California. The property includes 1917 Bridgeway (APN 064-141-02), a 1,911 square foot building constructed in 1917, and 1919 Bridgeway (APN 064-141-01), a 755 square foot building built in 1931, totaling approximately 2,666 square feet on a 0.07-acre lot. The property is currently fully occupied by three commercial tenants generating substantial income. Fred's Coffee Shop, established in 1966, occupies the ground floor of 1917 Bridgeway, paying $11,593 per month under a lease expiring July 9, 2028, with a 2.5% annual rent escalation and a 5+5 year option period. The second floor of 1917 Bridgeway houses Ocean Spa, paying $2,404 per month with a lease expiring October 31, 2026, and a 3% annual rent escalation. Finally, SwanZen Spa occupies the ground floor of 1919 Bridgeway, paying $3,090 per month under a lease expiring October 31, 2025, with a 3% annual rent escalation and a 3-year option period. This property offers a rare chance to acquire a stable, income-producing asset in a highly desirable and sought-after location across the Golden Gate Bridge. The property is easily shown.

• Alternative Use

  Use

  Valuation

  Residential

  $586,429

  Hospitality

  $537,165

  Educational

  $446,915

  Medical

  $462,285

  Retail

  $695,202

Location Insight

City

Sausalito

County

Marin

State

California

Latitude

37.8618

Longitude

-122.495

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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