Listing Agency: Meridian Commercial n***@meridiancommercial.com Show Phone

Listed By: Nick Egide · License #CA 01859524

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:52PM

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Investment Insights

Based on property information with market context.

Located at 1251 S Eliseo Dr in Greenbrae, this former skilled nursing facility is a substantial renovation project requiring extensive interior work. Retaining the existing floor plate is central to the city’s preferred redevelopment approach.

In December 2016, the City of Larkspur approved plans for a renovated acute care facility. The city favors preserving the current building footprint while renovating the interior. Memory care and skilled nursing appear to offer the easiest path for city approvals.

Key Highlights

• Former skilled nursing facility requiring extensive renovation
• City approval issued in December 2016 for a renovated acute care facility
• City preference to retain the existing floor plate and renovate the interior

Property Analytics

Current Use

Nursing homes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Garden Center Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,709

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 94904, CA

12,718

Population

5,982

Households

2.1

Avg Household Size

48

Median Age

70%

College-Educated

97%

High-School Grad

4.9 sq mi

ZIP Area

2,596

Density / Sq Mi

$161,875

Median Household Income

$85,893

Median Earnings

$2,538

Median Rent

$2,000,001

Median Home Value

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What type of property is this? Where is this nursing homes located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Joshua Biddle, MD — 1350 S Eliseo Dr Ste 140, Greenbrae, CA 94904
• The Tamalpais Marin — 501 Vía Casitas, Greenbrae, CA 94904
• Isabelle King, MD — 250 Bon Air Rd, Greenbrae, CA 94904

Frequently Asked Questions

What type of property is this?

Nursing home - Renovation is required, while the existing floor plate remains central to the city’s preferred redevelopment approach.

Where is this nursing home located?

The property is located at 1251 S Eliseo Dr Greenbrae, CA.

What are key features of this property?

This property features: Former skilled nursing facility requiring extensive renovation; City approval issued in December 2016 for a renovated acute care facility; City preference to retain the existing floor plate and renovate the interior