2000 Bridgeway
Sausalito, CA 94965
Industrial Property For Sale

Please call the exclusive listing agent, Jon Holmquist, for the complete offering memorandum. The subject property at 2000 Bridgeway, Sausalito, CA is a two-tenant industrial building of approximately 4,744 gross square feet located on a 20,908 square foot parcel (buyer to verify square footage and owner and broker make no guarantee or representation as to accuracy of square footage). The property has desirable frontage on Bridgeway itself and is located in the northern end of Sausalito, in a commercial-light industrial neighborhood known as Marinship. The coveted Marinship location is home to the Blue Water Yacht Harbor, Sausalito Healing Arts, Open Water Rowing Center, and the famous Le Garage Restaurant and Bar. The property is currently occupied by two tenants, Burkell Plumbing Inc., and Joanne's Print Shop, both on short term leases. The interior of the building has been divided into a number of office and shop spaces, with wood frame partition walls. Both the outside and the interior walls have been finished with painted drywall. The floors are either carpet or vinyl, except for the shop and storage areas which are concrete. Burkell Plumbing occupies Suites A, B, and F (shop and office) totaling an estimated 3,174 net rentable square feet in addition to a service yard for vehicles. Joanne’s Print Shop occupies Suites C, D, and E with an estimated 1,240 square feet, and there is an estimated 340 square feet of common area. Suites A & B for Burkell Plumbing have private bathrooms, while the rest of the building is served by two bathrooms off the central hallway. The two tenant spaces are separately metered for PG&E and the building is served with 240 volts, and 400 amp electrical service. There are two 40-gallon hot water heaters serving the entire building, and the heating systems are forced air. There is dedicated forced-air heat and air-conditioning in Suites C, D, and E for Joanne’s Printing, one forced air and air conditioner for Suite A and B for Burkell Plumbing, and one space hung gas heater for the shop. The property is constructed as a one-story light industrial building with some finished loft area. It is a steel frame "Butler" type structure with a small frame addition on the front. The original corrugated metal exterior has been modified with wood siding added to match the front addition, and a tar and gravel coating has been applied on the top of the corrugated metal roof. The original building and the addition are supported on concrete slab foundations. The windows and door sashes are aluminum, and there are two roll up doors in the back. There is good demand for professional, office and retail commercial use in this are due to the high-income level of the majority of Sausalito residents, with an average household income of $191,916 within a five-mile radius of 2000 Bridgeway. There is also a strong competing demand for light industrial uses as this is the only such established area in the southern part of Marin County. The area has good access as it is located along Bridgeway which is the major street running north and south through Sausalito, and there is a freeway interchange with Highway 101 just a few blocks north of the area, providing direct access to northern Marin and to San Francisco.