1824 Sir Francis Drake BlvdFairfax, CA 94930

  • Other commercial real estate
  • 1,825 SF
For Sale
$1,250,000 View listing

Property Details for 1824 Sir Francis Drake Blvd

Year built
1940
Lot size
0.06 AC
Property size (Sq ft)
1,825 SF
Property type
Other commercial real estate
APN
001-226-40
APU
122640

Description

This exceptional 1940s commercial property at 1824 Sir Francis Drake Boulevard in the heart of downtown Fairfax, CA presents a rare opportunity for business owners. Situated on a 0.06-acre lot, this charming building offers a versatile layout ideal for a variety of uses. The current configuration includes a prominent street-facing retail showroom, a spacious rear workroom perfect for storage or additional business operations, a small office, a convenient kitchenette, and a full bathroom. An inviting exterior patio and garden area add to the property's appeal. The building has undergone significant improvements over the years, ensuring it's in excellent condition and ready for immediate occupancy. Zoned Central Commercial, this property boasts significant upside potential. The zoning allows for the addition of a second-story residential unit, providing further development opportunities. The location is unparalleled, offering exceptional visibility and signage opportunities along a high-traffic corridor with consistent pedestrian and vehicular traffic. Fairfax is a thriving community known for its supportive atmosphere and strong local patronage, making this an ideal location for a business seeking a vibrant and engaged customer base. This property is perfectly positioned to capitalize on the town's reputation as a haven for innovative and forward-thinking individuals and businesses. Don't miss this chance to own a piece of Fairfax's thriving downtown. The asking price is $1,250,000.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $573,096
    Hospitality
    $524,953
    Educational
    $436,755
    Medical
    $451,775
    Retail
    $679,396
1824 Sir Francis Drake Blvd, Fairfax, California

Location Insight

City
Fairfax
County
Marin
State
California
Latitude
37.9875
Longitude
-122.588
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$12,971
$334,917
$428,694
$763,611
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