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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

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.
More about this property
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