86 Hamilton DrNovato, CA 94949

Property Details for 86 Hamilton Dr

Year built

1971

Lot size

0.24 AC

Property size (Sq ft)

4,680 SF

Property type

Industrial properties

Property subtype

Other industrial properties

APN

157-331-20

APU

15733120

Description

This exceptional light industrial building in Novato's Hamilton Business Park presents a fantastic owner-occupancy opportunity with existing rental income. Located at 86 Hamilton Drive, 94949, this 9,447 square foot property boasts a desirable location within the Bel Marin Keys neighborhood. The building features eight grade-level roll-up doors, a fully sprinklered system, and a gated, secure yard, enhancing its functionality and security. Currently, 4,478 square feet are leased to a tenant through November 30, 2026, with a three-year option at fair market value. The tenant pays $5,801.45 monthly rent plus $350 for common area maintenance, providing a consistent income stream. The remaining 4,969 square feet is available vacant at closing, ideal for an owner-user seeking space for their business or storage. The property is zoned PD and has an APN of 157-331-19 157-331-20. Recent renovations and excellent maintenance are evident throughout. This divisible space offers a unique blend of immediate income and ample room for expansion, making it an attractive investment opportunity. The asking price is $2,750,000, with a price per square foot of $291.10. The lease type is gross, and the tenancy is multi.

• Alternative Use

  Use

  Valuation

  Residential

  $1,469,638

  Hospitality

  $1,346,181

  Educational

  $1,120,006

  Medical

  $1,158,525

  Retail

  $1,742,232

Location Insight

City

Novato

County

Marin

State

California

Latitude

38.0726

Longitude

-122.538

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.