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.
