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1101 Magnolia

Larkspur, CA 94939
  • $2,425,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 321102628
UPDATED: 21 min ago
$2,425,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,973
    SQFT
  • $488
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957
County:
Area:

School Ratings & Info

Description

Large Price Reduction for a Motivated Seller! Trophy mixed-use investment opportunity in central Marin County, California. This property offers two separate structures on one parcel; a vacant commercial/shop building consisting of approximately 2,800 square feet, and a detached three-unit apartment building, with two single-car garages and additional storage, consisting of approximately 2,173 square feet. The automotive-repair warehouse is in impeccable condition and is vacant for an owner-user. The residential building contains a studio unit, a one-bedroom unit, and a two-bedroom unit; all are leased on new leases, and offer an upside opportunity to achieve market rents. This offering represents an opportunity for an investor or an owner-user to secure a once-in-a-lifetime investment property in sophisticated Larkspur. With ease of access to Highway 101, this charming property sits in a community setting with dining, retail, and all services within walking distance.

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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-11-27T06:58:21.177.
www.lisaperotti.com/homes/122790449
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1101 Magnolia Larkspur, CA 94939

  • Price: $2,425,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 21 min ago
  • ID#: 321102628
0
Beds
0
Baths
0
½ Baths
0.14
Acres
4,973
SQFT
$488
$/SQFT
1957
Built
Neighborhood:
Larkspur
County:
Marin
Area:
Larkspur
Property Description
Large Price Reduction for a Motivated Seller! Trophy mixed-use investment opportunity in central Marin County, California. This property offers two separate structures on one parcel; a vacant commercial/shop building consisting of approximately 2,800 square feet, and a detached three-unit apartment building, with two single-car garages and additional storage, consisting of approximately 2,173 square feet. The automotive-repair warehouse is in impeccable condition and is vacant for an owner-user. The residential building contains a studio unit, a one-bedroom unit, and a two-bedroom unit; all are leased on new leases, and offer an upside opportunity to achieve market rents. This offering represents an opportunity for an investor or an owner-user to secure a once-in-a-lifetime investment property in sophisticated Larkspur. With ease of access to Highway 101, this charming property sits in a community setting with dining, retail, and all services within walking distance.
Exterior Features

Parking Total 0

Interior Features

Floor 0

Property Features

Auction No Availability Date 1800-01-01T00:00:00 Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Sub Type Mixed Use Property Type Commercialsale Retail Sq Ft 0 Warehouse Sq Ft 0

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Nathan Ballard of Keegan & Coppin Co, Inc.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lisa Perotti | Corcoran Global Living. Data last updated: 2021-11-27T06:58:21.177.
 
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