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    561 Bridgeway Way Sausalito, CA 94965

    For Sale
    $4,925,000

    Iconic 8-unit building, high occupancy, prime location.

    Property size:
    5,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 8-unit mixed-use building at 561 Bridgeway Way, Sausalito, CA 94965, presents a compelling investment opportunity. Boasting 5,492 square feet on a 0.11-acre lot, this historic property, built in 1897, offers a blend of residential and retail space. Currently enjoying 100% occupancy, the building comprises 8 units, with a mix of recently renovated apartments featuring new flooring, bathrooms, kitchens, and appliances. Its prime waterfront location in Sausalito places it amidst popular restaurants and shops, benefiting from high foot traffic and strong year-round tourism. The building's composition is approximately 70% residential and 30% retail, providing a balanced income stream. Situated just minutes from San Francisco across the Golden Gate Bridge, this property benefits from Sausalito's reputation as a world-renowned tourist destination and desirable residential area. The newer roof adds to the property's overall value and reduces immediate maintenance concerns. This is a rare chance to acquire a well-maintained, high-performing multifamily asset in a highly sought-after location. The asking price is $4,925,000.

    Property Features for 561 Bridgeway Way

    General Information

    Property type
    Multifamily properties
    Square Feet
    5,492 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1897
    Units
    8

    HighLights

    • 8‑unit mixed‑use building in Sausalito, CA.
    • 5,492 square feet on a 0.11‑acre lot.
    • Historic building (1897) with 100% occupancy.
    • Recently renovated units with new kitchens, baths, flooring, and appliances.
    • Prime waterfront location with high foot traffic and strong tourism.
    • 70% residential, 30% retail, providing balanced income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sausalito
    County
    Marin
    State
    California
    Longitude
    -122.4791982
    Latitude
    37.8535258

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    FAQs

    What type of property is this?
    Multifamily property - Iconic 8-unit building, high occupancy, prime location.
    Where is this multifamily property located?
    The property is located at 561 Bridgeway Way Sausalito, CA.
    What is the asking price?
    The asking price for this property is $4,925,000.
    What are key features of this property?
    This property features: 8-unit mixed-use building in Sausalito, CA.; 5,492 square feet on a 0.11-acre lot.; Historic building (1897) with 100% occupancy.
    Request Owner's contact information
    561 Bridgeway Way Sausalito, CA 94965
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    Sausalito, CA 94965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    561 Bridgeway Way Sausalito, CA 94965
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