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29258767
29258790

65 RED HILL AVE SAN ANSELMO CA 94960-2423, SAN ANSELMO, CA 94960-2423 For Sale

JG
CA 01391802
ARG Real Estate
Listed by ARG Real Estate
$1,595,000
184 days on market
Updated 41 days ago

Island Building

Details
APN 006-214-02
Property Type Retail
Sub Type Personal Services
Square Footage 3,483
Units 6
Cap Rate 5.3%
NOI $84,524
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $458
Broker Co-Op Yes
Buildings 1
Stories 1
Lot Size (SqFt) 8,180
Zoning C-3
Investment Type Stabilized

100% Occupied Retail Property in Affluent Location

Marketing description

elcome to 65-75 Red Hill Ave, one of San Anselmo's most beloved local icons. Built in 1956, this striking mid-century commercial gem sits prominently in the heart of downtown and has long been affectionately known by locals as The Island Building.'' Spanning approximately 3,500 square feet, the property is thoughtfully divided into six charming retail suites, each with its own unique storefront and character. The design reflects the clean, confident lines of its era, blending classic mid-century architecture with timeless small-town charm. Tenants enjoy a diverse mix of uses, providing stability and steady cash flow for investors seeking a stabilzed assett, low-maintenance asset. With a private customer parking lota rare amenity in downtown San Anselmobusinesses thrive and customers return again and again. Located in one of Marin County's most affluent and picturesque communities, this property benefits from excellent visibility, pedestrian traffic, and a loyal local customer base.

Listing Contacts

JG
CA 01391802
ARG Real Estate
Listed by ARG Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,524.00
$7,043.67/mo

Valuation Metrics

0
DSCR
5.3%
Cap Rate
5.3%
ROI

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Additional Information

Name
Jason Gomez
License
01391802
Brokerage
ARG Real Estate
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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