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1901-1907 Bridgeway
Sausalito, CA 94965
Retail Property For Sale


Investment Highlights
- Fully leased retail investment with two established tenants in place.
- Freestanding retail building situated on two parcels totaling approximately 12,000 SF.
- Located near the Golden Gate Bridge, waterfront district, ferry terminal, and Marinship area.
- Positioned along Bridgeway, Sausalito’s primary commercial corridor.
- Benefits from local consumer traffic and more than one million annual visitors to Sausalito.
- Parking field includes 12 parking spaces and 1 accessible space.
Executive Summary
1901-1907 Bridgeway presents the opportunity to acquire a fully leased retail investment located along Bridgeway, Sausalito’s primary commercial corridor and the city’s main north-south thoroughfare. The property consists of a freestanding retail building constructed in 1966 and positioned on approximately 12,000 square feet of land. The asset is currently occupied by two tenants, including 7-Eleven and MPL, providing immediate in-place income supported by a 100% leased occupancy profile.
The property benefits from frontage along one of Marin County’s most visible commercial corridors, connecting the Golden Gate Bridge, downtown Sausalito, the waterfront district, ferry terminal, Marinship business area, and numerous restaurants and retail destinations. This location provides exposure to both local residents and visitors traveling throughout the region. Sausalito remains one of the Bay Area’s most supply-constrained waterfront communities, characterized by limited development opportunities and a highly established commercial environment.
Tourism serves as a major economic driver for the market, with more than one million annual visitors reported by the Sausalito Chamber of Commerce. Nearby attractions include the Golden Gate Bridge, Marin Headlands, Muir Woods National Monument, Angel Island State Park, and the Sausalito waterfront. These demand generators support year-round consumer activity for neighborhood-serving retail businesses.
The property’s stabilized occupancy, established tenancy, parking availability, and location within a mature coastal community position the asset as an opportunity for investors seeking long-term ownership in a highly constrained Bay Area retail market.
The property benefits from frontage along one of Marin County’s most visible commercial corridors, connecting the Golden Gate Bridge, downtown Sausalito, the waterfront district, ferry terminal, Marinship business area, and numerous restaurants and retail destinations. This location provides exposure to both local residents and visitors traveling throughout the region. Sausalito remains one of the Bay Area’s most supply-constrained waterfront communities, characterized by limited development opportunities and a highly established commercial environment.
Tourism serves as a major economic driver for the market, with more than one million annual visitors reported by the Sausalito Chamber of Commerce. Nearby attractions include the Golden Gate Bridge, Marin Headlands, Muir Woods National Monument, Angel Island State Park, and the Sausalito waterfront. These demand generators support year-round consumer activity for neighborhood-serving retail businesses.
The property’s stabilized occupancy, established tenancy, parking availability, and location within a mature coastal community position the asset as an opportunity for investors seeking long-term ownership in a highly constrained Bay Area retail market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,980 SF
Building Class
C
Year Built
1966
Price
$3,274,000
Price Per SF
$657.43
Cap Rate
5.25%
NOI
$171,910
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.27 AC
Zoning
CN-1
Parking
15 Spaces (3.01 Spaces per 1,000 SF Leased)
Frontage
130’ on Bridgeway
Property Taxes
| Parcel Numbers | Improvements Assessment | $190,052 | |
| Land Assessment | $230,063 | Total Assessment | $420,115 |
Property Taxes
Parcel Numbers
Land Assessment
$230,063
Improvements Assessment
$190,052
Total Assessment
$420,115
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