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219-223 Caledonia St 3,474 SF Office Building Sausalito, CA 94965 $2,287,000 ($658.32/SF)




INVESTMENT HIGHLIGHTS
- Unique investment: perfect for passive investment or owner-user purposes
- Excellent demographics
- Convenient location in southern Marin County
- Extremely rare opportunity
EXECUTIVE SUMMARY
Keegan & Coppin Company, Inc. is pleased to offer for sale a charming owner-user or investment opportunity in world-famous Sausalito, California. This mixed-use asset sits on Caledonia Street, a well-known destination for shoppers, restaurant-goers, and service-business patrons alike.
The offering consists of one specialized structure containing three separate addresses – two retail stores and an office suite – a parking stall, and well-groomed landscaping on the parcel. One suite is currently occupied, providing a value-add opportunity for an investor to lease the vacancy, or as an owner-occupant possibility. The flexible zoning permits many types of businesses to lease rarely vacant suites in this neighborhood, providing demand for investments like 219-223 Caledonia Street.
The building is in immaculate condition, with plumbing, electrical wiring, and internet wiring redone within the past 10 years, and the roof was updated in 2015. All suites have been updated with recent improvements, including HVAC systems and ADA restroom enhancements.
The site is nestled in a hillside residential community of Sausalito in southern Marin County, providing a picturesque and near water-front setting, providing elegance and charm for its occupants and visitors. The community is very safe, with the Sausalito Police Department and Southern Marin Fire Department stations blocks away.
With ease of access to Highway 101, this must-see investment is within a short distance to many retail, dining, and service-related industries. The Sausalito Ferry Terminal is 0.6 miles from this property, and the downtown tourist and retail area of Sausalito is within 0.5 miles to 0.7 miles. The Golden Gate Bridge is approximately 3 miles southbound, en route to San Francisco.
Contact Agents for a tour today! PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENTS MUST BE PRESENT FOR ALL TOURS.
The offering consists of one specialized structure containing three separate addresses – two retail stores and an office suite – a parking stall, and well-groomed landscaping on the parcel. One suite is currently occupied, providing a value-add opportunity for an investor to lease the vacancy, or as an owner-occupant possibility. The flexible zoning permits many types of businesses to lease rarely vacant suites in this neighborhood, providing demand for investments like 219-223 Caledonia Street.
The building is in immaculate condition, with plumbing, electrical wiring, and internet wiring redone within the past 10 years, and the roof was updated in 2015. All suites have been updated with recent improvements, including HVAC systems and ADA restroom enhancements.
The site is nestled in a hillside residential community of Sausalito in southern Marin County, providing a picturesque and near water-front setting, providing elegance and charm for its occupants and visitors. The community is very safe, with the Sausalito Police Department and Southern Marin Fire Department stations blocks away.
With ease of access to Highway 101, this must-see investment is within a short distance to many retail, dining, and service-related industries. The Sausalito Ferry Terminal is 0.6 miles from this property, and the downtown tourist and retail area of Sausalito is within 0.5 miles to 0.7 miles. The Golden Gate Bridge is approximately 3 miles southbound, en route to San Francisco.
Contact Agents for a tour today! PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENTS MUST BE PRESENT FOR ALL TOURS.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
3,474 SF
Building Class
B
Year Built
1971
Price
$2,287,000
Price Per SF
$658.32
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,737 SF
Slab To Slab
11’
Building FAR
0.89
Lot Size
0.09 AC
Zoning
Commercial Residential
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Best Friends Pet Supplies
- Retailer
- -
- -
- -
- Karp Capital Management
- Finance and Insurance
- -
- -
- -
- Shampooch
- Services
- -
- -
- -
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
Best Friends Pet Supplies | Retailer | - | - | - | ||
Karp Capital Management | Finance and Insurance | - | - | - | ||
Shampooch | Services | - | - | - |
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Walk Score®
Very Walkable (83)
PROPERTY TAXES
Parcel Number | 065-052-01 | Improvements Assessment | $511,022 |
Land Assessment | $861,966 | Total Assessment | $1,372,988 |
PROPERTY TAXES
Parcel Number
065-052-01
Land Assessment
$861,966
Improvements Assessment
$511,022
Total Assessment
$1,372,988
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219-223 Caledonia St
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