Mixed-Use Property Near
1508 San Anselmo San Anselmo, CA 94960
1508 San Anselmo, San Anselmo, CA, 94960
$899,000
For Sale
$899,000
Versatile mixed-use property with retail and residential spaces in San Anselmo.
Property Size1,304 SF
Price / SF$689.42
Days on Market411
Property Features for 1508 San Anselmo
General Information
- Standard status
- Active
- Size
- 1,304 SF
Building Details
- Year Built
- 1908
Listing Agency
HOMESMART ADVANTAGE REALTY
(707) 541-6120
Listed by
MICHAEL A PELLEGRINI · License #02044192
Source
Corcoran
Added: Jun 5, 2025 Checked: Mar 16 at 9:09 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOMESMART ADVANTAGE REALTY
Investment Insights
Based on property information with market context.
Located near Downtown, Lansdale Station Playground, and Archie Williams High School, this mixed-use property at 1508 San Anselmo Ave offers a blend of commercial and residential space. The street-level storefront features large display windows and high visibility, suitable for a boutique, gallery, or professional office. The property benefits from a steady flow of foot traffic. Above the retail space, a private residential unit includes wood floors, a bathroom, and a flexible layout. This space can serve as an owner's residence, a rental income unit, or a live/work configuration. The 1304 square foot property is located steps from cafes, restaurants, and boutiques, and surrounded by the natural beauty of Marin. Development potential could also be another option and should be researched with the City.
Key Highlights
- Versatile mixed‑use property with commercial storefront and residential unit.
- Prime location near Downtown, Lansdale Station Playground, and Archie Williams High School.
- High‑visibility storefront ideal for retail or office with steady foot traffic.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.9k | $36.00 |
| − Vacancy | −$4.7k | −$3.60 |
| EGI | $42.2k | $32.40 |
| − OpEx | −$15.8k | −$12.15 |
| NOI | $26.4k | $20.25 |
1,304 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$5.94M
$5.20M – $6.94M
NOI $416,141 @ 7.0% cap · market cap 46.29%
Second Best
Mixed Use
$377.2K
$330.1K – $440.1K
NOI $26,406 @ 7.0% cap · market cap 2.94%
Theoretical Best
Specialty Retail
$6.37M
$5.57M – $7.43M
NOI $445,865 @ 7.0% cap · market cap 49.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Multi Zone
Community Center
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile mixed-use property with retail and residential spaces in San Anselmo.
Where is this mixed-use property located?
The property is located at 1508 San Anselmo San Anselmo, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Versatile mixed‑use property with commercial storefront and residential unit.; Prime location near Downtown, Lansdale Station Playground, and Archie Williams High School.; High‑visibility storefront ideal for retail or office with steady foot traffic.
