Listed by Keegan & Coppin Co., Inc.
$1,200,000
890 Lamont Avenue
Details
APN 153-121-29
Property Type Office
Sub Type Traditional Office
Square Footage 4,665
Units 4
Tenancy Multi
Price per SqFt $257
Class B
Year Built 1985
Stories 2
Investment Type Owner/User
Ground Lease No
890 Lamont Avenue, Novato, CA 94945-4100
Marketing description
Description of Opportunity
890 Lamont Avenue presents an opportunity to acquire a multi-suite office property with both investment income and owner-user flexibility. Built in 1985, the building totals approximately 4,665 square feet and is arranged across two floors with four separate suites. The layout allows a buyer to occupy a portion of the property while maintaining income from the remaining space. The property has been maintained by ownership and benefits from recent upgrades to HVAC, roof, and paint. In addition, the property is located within an office association, with monthly dues of $414 covering landscaping, insurance, and common area maintenance. This is a practical opportunity for an investor, partial owner-user, or buyer seeking phased occupancy over time.
Owner -User / Rental Income Opportunity
Occupy a portion of the building while collecting income from the balance. Existing month-to-month tenants would like to remain, and the seller is also willing to lease back a portion of the property, creating added income and flexibility for a new owner.
Description of area
The property is located in Novato with convenient access to Highway 101, nearby shopping centers, restaurants, and daily services. The surrounding area provides a practical office setting for professional users, with strong regional access for employees, clients, and tenants. In addition to its day-to-day convenience, Novato benefits from commuter rail access, an established business base, and ongoing planning and development activity that continues to support the city's long-term economic profile. The City says Novato is home to more than 2,500 businesses.
Investment highlights
- Owner-User Opportunity
- Income in Place
- Seller Leaseback Available
- Four Suites with Four Separate Meters
- Flexible Occupancy Options
- Recent Upgrades to HVAC, Roof and Paint
- Convenient Highway 101 Access
- Close to Retail and Dining
- Home to 2,500+ businesses across a diverse local economy
- Active city focus on business attraction, retention, and downtown revitalization
- Downtown SMART access supports commuter convenience and regional connectivity
- Ongoing mixed-use and residential development activity adds long-term market support
- Local business-support initiatives continue to reinforce Novato’s commercial base
Listing Contacts
Listed by Keegan & Coppin Co., Inc.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
