San Anselmo Retail/Office
754 Sir Francis Drake Blvd San Anselmo, CA
For Sale
Contact for pricing
Two-story retail/office building on a large site in San Anselmo.
Property Size6,024 SF
Lot Size0.46 Acres
Price / SF$415.01
Days on Market302
Property Features for 754 Sir Francis Drake Blvd
General Information
Standard status
Active
Size
6,024 SF
Lot size
0.46 Acres
Property subtype
RETAIL
Listing Agency:
Newmark | San Rafael
(415) 526-7672
Listed By:
Joe McCallum
Source:
Moodyscre
Added: Oct 1, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:41AM
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 Newmark | San Rafael
Investment Insights
Based on property information with market context.
The property at 754 Sir Francis Drake Blvd in San Anselmo is a two-story retail/office building with a rentable area of approximately 6,024 square feet, situated on a 0.46-acre site. The building contains eight tenant spaces, ranging in size from approximately 577 to 1,242 square feet, which can be combined. The property benefits from high visibility, on-site parking, walkability to downtown San Anselmo, and views of Mount Tamalpais. Additionally, the property offers an opportunity for residential re-development, given the shortage of new housing in Marin County. In 2016, a 16-unit apartment complex was approved on the site, and the property is acknowledged as a Housing Element Opportunity Site by the Town of San Anselmo.
Key Highlights
- Residential re‑development opportunity (previously approved for 16‑unit apartment complex; Housing Element Opportunity Site).
- Rare standalone commercial building in the Ross Valley, Marin County.
- High visibility and on‑site parking.
Financial Insights For Office B
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 | $217.6k | $36.12 |
| − Vacancy | −$55.3k | −$9.17 |
| EGI | $162.3k | $26.95 |
| − OpEx | −$40.6k | −$6.74 |
| NOI | $121.7k | $20.21 |
6,024 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Retail
$27.46M
$24.03M – $32.04M
NOI $1,922,418 @ 7.0% cap · market cap 76.90%
Second Best
Office B
$1.74M
$1.52M – $2.03M
NOI $121,740 @ 7.0% cap · market cap 4.87%
Theoretical Best
Specialty Retail
$29.42M
$25.75M – $34.33M
NOI $2,059,734 @ 7.0% cap · market cap 82.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Two-story retail/office building on a large site in San Anselmo.
Where is this retail space located?
The property is located at 754 Sir Francis Drake Blvd San Anselmo, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Residential re‑development opportunity (previously approved for 16‑unit apartment complex; Housing Element Opportunity Site).; Rare standalone commercial building in the Ross Valley, Marin County.; High visibility and on‑site parking.
