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33500353
33500352

65 Red Hill Avenue, San Anselmo, CA 94960

JG
CA 01391802
ARG Real Estate
Listed by ARG Real Estate
$1,495,000
23 days on market
Updated 23 days ago

The Island Building

Details
APN 006-214-02
Property Type Retail
Sub Type Storefront
Square Footage 3,483
Units 6
Cap Rate 5.82%
NOI $86,992
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $429
Year Built 1956
Stories 1
Lot Size (SqFt) 8,180
Zoning C-3
Investment Type Stabilized

Retail | 5.82% CAP | 3,483 SqFt

Marketing description

Welcome 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 100% occupied, low-maintenance asset. With a private customer parking lot—a rare amenity in downtown San Anselmo—businesses 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. San Anselmo's boutique shopping, fine dining, and welcoming small-town atmosphere make this a highly desirable investment environment.

Whether held for long-term income or as a legacy property in a prized location, The Island Building represents a rare opportunity to acquire a fully leased, well-maintained, and beautifully positioned commercial cornerstone in one of Marin's most sought-after towns.

Investment highlights

  • 100% occupied, low-maintenance asset
  • Diverse tenant mix providing stability and steady cash flow
  • Private customer parking lot - rare amenity in downtown San Anselmo
  • Fully leased, well-maintained property
  • Prime location in one of Marin County's most affluent and picturesque communities
  • Excellent visibility and pedestrian traffic
  • Loyal local customer base
  • 5.82% cap rate
  • $86,992.16 NOI
  • $113,400 annual gross income
  • Gross rent multiplier 13.18

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
$86,992.16
$7,249.35/mo

Valuation Metrics

0
DSCR
5.82%
Cap Rate
5.82%
ROI

Map

Zoning

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C-3 CommercialGeneral CommercialCommercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Jason Gomez
License
01391802
Title
Broker of Record
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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