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915 Diablo Avenue

Novato, CA 94947
  • $1,500,000
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 322092985
UPDATED: 40 min ago
$1,500,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,675
    SQFT
  • $225
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1988
County:
Area:

School Ratings & Info

Description

This property has the potential to be an upscale boutique, completely remodeled office building located in Novato's downtown district. This is a rare opportunity for an investor to complete the remodel of an office building to their exact standards and requirements, in one of the Bay Area's strongest rental markets. This property provides investors/developers the opportunity to acquire a quality asset in the coveted market of Novato at discount pricing, allowing for above-average long-term returns. The subject property has been stripped of interior improvements and will be delivered as a warm shell . The building has completed electrical wiring, a fire sprinkling system, and a basic two-floor configuration. The property will benefit from the completion an extensive remodel, which can utilize existing plans/drawings or can be redesigned to a new owner's specification. This will allow for an owner/user the opportunity to complete a custom designed building or an investor can complete the build-out of the property and benefit from the opportunistic pricing and resulting above-average returns. The property will be separately metered and is anticipated to have has solar power supplied air-conditioning throughout the property. Lastly, there are twenty-two off-street parking spots.

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© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anselmo Homes | McGuire Capital Group. Data last updated: 2022-12-04T16:56:15.557.
www.anselmohomes.com/homes/133926564
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915 Diablo Avenue Novato, CA 94947

  • Price: $1,500,000
  • Status: Active
  • On Site: 51 Days
  • Updated: 40 min ago
  • ID#: 322092985
0
Beds
0
Baths
0
½ Baths
0.31
Acres
6,675
SQFT
$225
$/SQFT
1988
Built
Neighborhood:
Novato
County:
Marin
Area:
Novato
Property Description
This property has the potential to be an upscale boutique, completely remodeled office building located in Novato's downtown district. This is a rare opportunity for an investor to complete the remodel of an office building to their exact standards and requirements, in one of the Bay Area's strongest rental markets. This property provides investors/developers the opportunity to acquire a quality asset in the coveted market of Novato at discount pricing, allowing for above-average long-term returns. The subject property has been stripped of interior improvements and will be delivered as a warm shell . The building has completed electrical wiring, a fire sprinkling system, and a basic two-floor configuration. The property will benefit from the completion an extensive remodel, which can utilize existing plans/drawings or can be redesigned to a new owner's specification. This will allow for an owner/user the opportunity to complete a custom designed building or an investor can complete the build-out of the property and benefit from the opportunistic pricing and resulting above-average returns. The property will be separately metered and is anticipated to have has solar power supplied air-conditioning throughout the property. Lastly, there are twenty-two off-street parking spots.
Exterior Features

Location DowntownFreeway NearbyMallNeighborhoodPublic Transportation NearbyRestaurant NearbyShopping NearbyStrip Center Parking Total 0 Road Frontage Type City Street

Interior Features

Floor 0

Property Features

Auction No Availability Date 1800-01-01T00:00:00 Current Use Live WorkMixed UseOffice Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Sub Type Mixed Use Property Type Commercialsale Retail Sq Ft 0 Warehouse Sq Ft 0

Listing information © 2022 Bay Area Real Estate Information Services. Listing courtesy of Erich M Reichenbach of Marcus & Millichap: .


© 2022 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Anselmo Homes | McGuire Capital Group. Data last updated: 2022-12-04T16:56:15.557.
 
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