FOR SALE

$4,995,000

Iconic 8 unit mixed use building with 2 retail spaces and 6 residential units.

Before After bridgeway-15

Time to take this beauty to the next level. Great investment opportunity to own along the waters edge in Sausalito. Iconic 8 unit mixed use building with 2 retail spaces and 6 residential units. Newer roof, some of the residential units have been updated with new bathrooms, new flooring, new kitchens and new appliances. Located in a high traffic area with strong year round tourist presence this would be a great addition to any investors portfolio. Beautiful city and bay views. Just minutes from the Golden Gate Bridge.

Welcome to Petaluma, CA

Active | 561 Bridgeway, Sausalito, CA 94965

HIGHLIGHTS

Financials

  • Property Type: Storefront Retail/Residential
  • Sub Type: Mixed
  • APN: 065-171-03
  • Address: 561 Bridgeway, Sausalito, CA
  • Buildings: 1
  • Units: 8
  • Price Per Unit: $624,375
  • Occupancy: 75%
  • Stories: 2
  • Square Footage: 6,177
  • Lot Size: 0.12
  • Price Per Sqft: $808.64
  • Cap Rate: 1.11%
  • Cap Rate: (Projected) 3.78%

Current Rents

  • Unit #1: $1,479
  • Unit #2: $1,412
  • Unit #3: $Vacant
  • Unit #4: $1,308
  • Unit #5: $3,203
  • Unit #6: $1,248
  • Unit #7: Vacant
  • Unit #8: $2,500

Annual Rent: $133,800

Market Rents

  • Unit #1: $3,000
  • Unit #2: $3,000
  • Unit #3: $3,000
  • Unit #4: $3,000
  • Unit #5: $3,500
  • Unit #6: $3,000
  • Unit #7: $3,000
  • Unit #8: $2,500

Projected Annual: $288,000

2019 Financial Summary

  • Lot SizeTotal Operating Income: $98,344

Expenses:

  • Maintenance: $1,086
  • Turnover: $3,214
  • Property Taxes: $20,320
  • Payroll Exp: $2,016
  • Utilities: $5,476
  • General Admin: $2,695

Total Operating Expenses: $34,806

Net Income: $63,538

*Buyer to verify all income, expenses, total square feet and allowable uses of the property

Sonoma County

LIFE OPENS UP IN SONOMA

Just 30 miles north of San Francisco. Acclaimed food and wine, relaxing spas and stunning beauty create a wine country experience like no other.  Taste a diverse terroir at more than 425 WINERIES, hike among towering REDWOODS, marvel at the stunning PACIFIC COAST and get to know inviting small TOWNS. Or, just sit back and take it all in.  LIFE OPENS UP in Sonoma County. […]

 

561 Bridgeway Street Scene

Investment Highlights:

  • 8 Unit, 2-Story Mixed Use (Retail and Residential) Building on 0.12+/- acre
  • Year Built: 1897
  • High traffic location and tourist destination
  • Market has low vacancy rates.
  • Strong local demographics with commuter options for the San Francisco job market.
  • Proximity to SF and Silicon Valley
  • Easy access to SF Bay Area Wine Country (Napa, Sonoma and Suisun Valley).
  • Easy access to Northern California coastline.

PHOTO GALLERY

561 Bridgeway Parcel Map
561 Bridgeway Google Map

15.4 miles to Stinson Beach  I  1.6 miles to US-101  I  5.6 miles to San Francisco I 44.8 miles to Napa

Airport Drive Times

56 Minutes to STS

Sonoma County

40 Minutes to SFO

San Francisco
 
96 Minutes to SMF

Sacramento
 
49 Minutes to OAK

Oakland
 
51 Minutes to APC

Napa

Mixed Use Investment Opportunity

561 Bridgeway, Sausalito, CA 94965

 

FOR SALE

$4,995,000

Inquire For More Information

COMMERCIAL

Listing Agent

WHO YOU WORK WITH MATTERS

As respected REALTOR’s with over 10 years of experience, I have extensive knowledge of the Bay Area markets and utilize that knowledge by effectively negotiating hundreds of transactions on behalf of my clients

As a result, the majority of my existing sales are generated through previous clients and referral business. Ultimately, I aspire to achieve my client’s goals while keeping them informed and making the process as stress-free as possible. In addition to selling real estate, I am actively involved in numerous philanthropic efforts throughout the area, including hospitals, parks and schools and always give back through our relationships DENISE KILKER REAL ESTATE personalizes its services for each client, providing marketing programs for sellers, and information support for buyers. Our Teams mission statement — “To provide the highest level of service with integrity to its clientele” — and our motto — “Every Property Has A Story”— Let Us Tell Yours.

Our Process

The navi Difference

It isn’t always business as usual here at navi our in-house marketing department. We are continuously questioning the industry norms and pushing the boundaries on every project we work on, we strive to set ourselves apart from your typical commercial real estate company. We approach each commercial real estate investment differently – working diligently to ensure that each property has its own unique personality and purpose. Join us on our journey as we use our singular and customized approach.

In-House Marketing

NAVI offers a fully integrated marketing solution with a scope of work that encompasses everything from branding to web design, advertising to public relations. A team of graphic designers, analysts, tech gurus and marketing specialists offers strategically driven marketing solutions for buyers, sellers, developers and investors across the globe. 

The Creative navi Partners leverage relationships with traditional and new media outlets, as well as the most emergent technologies and social media strategies, to ensure maximum exposure for the properties we represent. navi works to bring brands to life in the most comprehensive and compelling way possible,

Case Studies

Case Studies

Our work covers a diverse landscape, including commercial, residential, retail, developments and leased office space.

→ See our case studies

Who We Are

The NavigateRE  Commercial Partnership is led by Managing Partners Don McDonald, Donovan Schemke and Denise Kilker. Powered by an industry leading global real estate services company with more than 466,000 skilled professionals operating in 100+ countries. RESAAS Network and NavigateRE Commercial provide a full range of services to real estate occupiers, owners and investors worldwide.

Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Why Us?

NavigateRE, previously highlighted as one of RE/MAX’s top commercial teams nationally, (#7 in 2022) is focused exclusively on Commercial Real Estate, Vineyard Estates/Wineries, Luxury Properties and includes Business Sales.

What does this mean for you? A better way in Commercial Real Estate. Tell us what you need, and we’ll get it done. With a more than 40-year track record of professionalism and customer focus, we understand the long-term value of every transaction, large or small. Work with us once and you’ll realize the competitive advantages we bring to the table.

Years in Service
0 +
Properties Serviced
0 +
Million SOLD
$ 0 +

REVIEWS

Crystal C.Past Client
Read More
“NavigateRE agents are the best team I have ever worked with. They are all about integrity and doing the right thing for their clients. I Highly recommend them for any of your real estate investment needs for both commercial and residential properties! The Team has amazing marketing ideas and is always thinking outside the box for me!! Thank you!!”
-RMB
Read More
“I am so grateful to all of you for your contributions in creating this awesome marketing prospectus. You have covered every detail a sophisticated buyer would want to know and more”
-MIKE O.
Read More
“The BEST commercial team ever! They listed our restaurant and meant business! Went Pending in 5 days, above the listing price”
-C.C.
Read More
“The level of professionalism working with NavigateRE is unmatched. No detail is too small and they genuinely care about their clients. I recommend them highly. True professionals!”
Previous
Next

Colaboration With

Partners

From marketing to connecting to the commercial investment network around the world our collaborative partners share in our great success and are a big part of what seperates us from the rest. Discover why

WHO YOU WORK WITH MATTERS

Become an Insider and gain access to off-market opportunities

Get Inside Now

Connecting with thousands of Commercial practitioners around the globe affords us lots of off-market opportunities. There is no fee to become and insider. Just use the for to the right and sign up. 

Let’s Collaborate

We’d love to strategize with you