572-574 san anselmo ave, san anselmo, ca -...

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  • CommercialExclusively Listed by Ted M. Abe & Steven Level

    Ted M. Abe [email protected](415) 482-3133 Lic. # 01168745

    Information contained in this marketing package is not guaranteed. Buyer should verify any and all information with appropriate professionals. CAL BRE# 01319623

    572-574 San Anselmo Ave, San Anselmo, CA - $698,000

    Downtown San Anselmo location

    Two retail units

    Unit 572 - gelato (approx. 400 SF)

    Unit 574 - vacant (approx. 600 SF)

    Structural reinforcement (1994)

    New roof (2009)

    NN leases

    First time on market in 40 years

  • CommercialExclusively Listed by Ted M. Abe & Steven Level

    Ted M. Abe [email protected](415) 482-3133 Lic. # 01168745

    Information contained in this marketing package is not guaranteed. Buyer should verify any and all information with appropriate professionals. CAL BRE# 01319623

    Property Information

    Address: 572-574 San Anselmo Ave

    San Anselmo, CA 94960

    Price: $698,000

    Property Type: Commercial (Retail)

    Zoning: C-2

    APN#: 006-102-25

    Building SF: 1,054 SF

    Lot SF: 2,800 SF

    Year Built: 1922

    Exterior: Stucco

    Roof: Flat

    Foundation: Concrete perimeter

    Parking: On-street only

  • CommercialExclusively Listed by Ted M. Abe & Steven Level

    Ted M. Abe [email protected](415) 482-3133 Lic. # 01168745

    Information contained in this marketing package is not guaranteed. Buyer should verify any and all information with appropriate professionals. CAL BRE# 01319623

    Parcel Map

    Street Map

    572-574 San Anselmo

  • CommercialExclusively Listed by Ted M. Abe & Steven Level

    Ted M. Abe [email protected](415) 482-3133 Lic. # 01168745

    Information contained in this marketing package is not guaranteed. Buyer should verify any and all information with appropriate professionals. CAL BRE# 01319623

    Property Photos

    Unit 574 - Display Window

    Unit 574 - Office

    Unit 574 - Main Room

    Unit 574 - Bathroom

  • CommercialExclusively Listed by Ted M. Abe & Steven Level

    Ted M. Abe [email protected](415) 482-3133 Lic. # 01168745

    Information contained in this marketing package is not guaranteed. Buyer should verify any and all information with appropriate professionals. CAL BRE# 01319623

    IncomeUnit SF* Market Rate572 422 $1,486574 632 $2,250

    Total SF 1054 Total Monthly Income $3,736Gross Annual Income $44,832

    *Estimated

    Expenses$8,306$1,328$797

    $1,598$1,088$480

    TenantsTenants$2,242

    Total Annual Expenses $15,839

    Net Operating Income $28,993

    Price $698,000

    GRM 15.57Cap Rate 4.15Price/SF $662

    Investment Summary

    Taxes (New @ 1.19%)

    Insurance

    WaterTrash

    Fixed Assessments

    Flood Insurance

    Sewer Assessment

    PG&ERepairs/Misc. (5% of Income)

    DescriptionSan Anselmo Gelato - Month-to-month lease**Antique Timepieces - Vacant (Est @ $3.75/SF)

    **Per the lease - Unit 572 covers 40% of the property taxes and insurance (general, fire & flood) and 75% of the water. The re-capture of these items is not reflected in the gross annual income.