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The Hub Center 754 Sir Francis Drake Blvd 6,024 SF Retail Building San Anselmo, CA 94960 $2,500,000 ($415.01/SF)
EXECUTIVE SUMMARY
Newmark, as exclusive advisor, is pleased to offer for sale 754 Sir Francis Drake Blvd, a ±6,024 rentable square foot, two-story retail/office building located on a ±0.46-acre site in San Anselmo. This offering represents a very rare and unique opportunity for an owner/ user or investor to acquire a standalone commercial building in the Ross Valley, the heart of Marin County, California.
The property is designed with eight (8) tenant spaces ranging in size from ±577 RSF to ±1,242 RSF, which can be combined in a number of configurations. The property benefits from incredible drive by visibility, on-site parking, walkability to downtown San Anselmo and views of Mount Tamalpais.
Additionally, 754 Sir Francis Drake Blvd also provides an opportunity for residential re-development, given the shortage of new housing production in Marin County and changes to California state laws in recent years. In 2016, a 16-unit apartment complex was approved on the site, and the property is acknowledged as a Housing Element Opportunity Site by the Town of San Anselmo.
Contact Joe McCallum (CA RE Lic #02048815) with Newmark at (415) 526-7672 or joe.mccallum@nmrk.com for more information.
The property is designed with eight (8) tenant spaces ranging in size from ±577 RSF to ±1,242 RSF, which can be combined in a number of configurations. The property benefits from incredible drive by visibility, on-site parking, walkability to downtown San Anselmo and views of Mount Tamalpais.
Additionally, 754 Sir Francis Drake Blvd also provides an opportunity for residential re-development, given the shortage of new housing production in Marin County and changes to California state laws in recent years. In 2016, a 16-unit apartment complex was approved on the site, and the property is acknowledged as a Housing Element Opportunity Site by the Town of San Anselmo.
Contact Joe McCallum (CA RE Lic #02048815) with Newmark at (415) 526-7672 or joe.mccallum@nmrk.com for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
6,024 SF
Building Class
C
Year Built
1994
Price
$2,500,000
Price Per SF
$415.01
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.46 AC
Zoning
C-L - Limited Commercial
Parking
15 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
169’ on Sir Francis Drake Blvd
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 006-091-39 | Improvements Assessment | $713,702 |
| Land Assessment | $403,952 | Total Assessment | $1,117,654 |
PROPERTY TAXES
Parcel Number
006-091-39
Land Assessment
$403,952
Improvements Assessment
$713,702
Total Assessment
$1,117,654
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The Hub Center | 754 Sir Francis Drake Blvd
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