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34177582
34177569

1300 Grant Avenue, Novato, CA 94945

MA
CA 01334223
Berkshire Hathaway HomeServices Drysdale Properties - Novato
PC
CA CA01499008
Berkshire Hathaway Commercial Division
Listed by Berkshire Hathaway HomeServices Drysdale Properties - Novato, Berkshire Hathaway Commercial Division
$1,800,000
1 day on market
Updated 1 day ago

1300 Grant Avenue, Novato, Ca. 94945

Details
Property Type Retail, Office
Sub Type Traditional Office, Executive Office (+1)
Square Footage 6,715
Units 7
Cap Rate 6.19%
NOI $111,399
Occupancy 100%
Tenancy Multi
Brand/Tenant Edward Jones
Lease Type Gross
Price per SqFt $268
Class B
Year Built 1986
Buildings 1
Lot Size (SqFt) 18,750
Zoning CDR
Parking Spaces 24 spaces
Parking per 1,000 SqFt 3.57
Investment Type Stabilized
Tenant Credit Credit Rated, Franchisee
Ground Lease No
Sale Condition N/A

Fully leased Commercial Building

Marketing description

Located in the heart of Downtown Novato, 1300 Grant Avenue offers the opportunity to acquire a fully leased, professionally managed seven-unit commercial investment property in one of Marin County's most established retail and office corridors. The asset provides stable in-place cash flow through a diversified tenant roster, making it well suited for investors seeking durable income and long-term capital preservation.

Positioned along Grant Avenue, the property benefits from exceptional street frontage, strong visibility, consistent pedestrian and vehicle traffic, and immediate access to Downtown Novato's restaurants, retail amenities, professional services, and Highway 101. The property's central location supports tenant retention while providing continued demand from local businesses serving the surrounding residential and commercial community.

Ownership has maintained the asset to a high standard, resulting in a well-presented property with strong occupancy history and professional management. The seven-unit configuration provides tenant diversification, reducing reliance on any single occupant while offering stable cash flow and operational flexibility.

Investment opportunities of this caliber in Downtown Novato are increasingly limited. Fully occupied commercial assets with established tenancy, quality maintenance, and a premier Marin County location rarely become available for acquisition. 1300 Grant Avenue represents an opportunity to acquire a stabilized income-producing asset with reliable in-place revenue and long-term appreciation potential in one of the North Bay's most desirable investment markets.

Investment highlights

1300 Grant Ave., Novato, Ca. 94945

6715 Sq. ft. Structure

18750 sq. ft. of Land

24 Unreserved parking spaces

Built in 1986

Construction - Wood Frame with Stucco exterior

2 Stories

7 Units- Fully leased Zoned CDR (Downtown Core Retail)

Multi-unit office, retail.

Listing Contacts

MA
CA 01334223
Berkshire Hathaway HomeServices Drysdale Properties - Novato
PC
CA CA01499008
Berkshire Hathaway Commercial Division
Listed by Berkshire Hathaway HomeServices Drysdale Properties - Novato, Berkshire Hathaway Commercial Division

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$111,399.00
$9,283.25/mo

Valuation Metrics

0
DSCR
6.19%
Cap Rate
6.19%
ROI

Map

Zoning

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CDR CommercialRetail CommercialDowntown Core Retail
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Matthew A Thomas
License
01334223
Brokerage
Berkshire Hathaway Home Services, Drysdale Properties
Brokerage Phone
415-329-6788
Brokerage Address
1450 Grant Avenue
Name
Paul Cingolani
License
CA01499008
Brokerage
Berkshire Hathaway Drysdale Properties
Brokerage Phone
925-244-1933
Title
Real Estate Salesperson
Brokerage Address
1830 Tice Valley Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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