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Listed by Sherrie M Faber • First California Realty, Inc
$ 3,497,000
Est. payment | /mo
6,306 SqFt
$ 3,497,000
Est. payment | /mo
6,306 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,306 sqft
Price per Sqft $554
MLS Listing ID 324009864
HOA Y/N No
Year Built 1920
Property Description
A Sausalito Landmark! 2001-2009 Bridgeway consists of 3 highly visible buildings, all income producing, with an established business on 3 separate parcels. 2001-2003 Bridgeway is mixed use with commercial space on street level and residence above. 2005 Bridgeway is zoned commercial, currently a residential income property; 2007-2009 was Saylor's Restaurant, a mainstay in Sausalito for over 25 years. Restaurant closed 11/16/24. The restaurant equipment and liquor license are included in the sale of this building. The restaurant has a full bar, indoor seating, banquet room & outdoor patio dining options. All tenants are on a month to month basis with rental upside in the future. The 3 parcels share a large parking lot behind the smaller parcels. This property is located is in a hugely popular tourist destination, with super support from the local residential community. The sellers are extremely loved in the community & goodwill is considerable for a new owner. Great opportunity for several buyer profiles: A passive investor looking for an income producing property; An Owner/user who is looking to take over the restaurant and have income from other units; A Developer!
Location
State CA
County Marin
Area Sausalito
Zoning CN-1
Interior
Heating Central, MultiUnits, Varies by Unit
Cooling Central, MultiUnits, Varies by Unit
Flooring Carpet, Tile, Wood
Exterior
Garage Spaces 11.0
Utilities Available Cable Connected, Separate Gas Meter, Separate Water Meter
Roof Type Composition,Tile
Building
Lot Description Corner, Landscape Misc, Low Maintenance, Sidewalk
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer, Sewer Connected
Water Public, Water District
Level or Stories 2
Others
Special Listing Condition Offer As Is
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Shari Lorenz
Lic# 01468549