2001-2009 Bridgeway None Sausalito, CA 94965
- Mixed-use properties
- 0.28 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 2001-2009 Bridgeway None
- Year built
- 1920
- Lot size
- 0.28 lot acres
- Property type
- Mixed-use properties
Description
This exceptional Sausalito investment opportunity presents three income-producing buildings situated on three separate parcels totaling 0.28 acres at 2001-2009 Bridgeway. The property boasts high visibility in a prime tourist destination with strong local community support. The buildings offer a diverse mix of commercial and residential uses. 2001-2003 Bridgeway is a mixed-use structure featuring street-level commercial space and residential units above. 2005 Bridgeway, currently a residential income property, is zoned commercial. 2007-2009 Bridgeway housed Saylor's Restaurant, a beloved Sausalito establishment for over 25 years, which closed on November 16, 2024. The sale includes the restaurant's equipment and liquor license. This building features a full bar, indoor seating, a banquet room, and an outdoor patio. All tenants currently hold leases extending through 2025, presenting future rental upside potential. The three parcels share a substantial parking lot located behind the smaller buildings. This property offers significant appeal to various buyer profiles, including passive investors seeking income generation, owner-users interested in operating the restaurant while benefiting from rental income from other units, and developers envisioning future expansion or redevelopment opportunities. The established goodwill within the community presents a unique advantage for a new owner. The asking price is $3,497,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sausalito
- County
- Marin
- State
- California
- Longitude
- -122.495
- Latitude
- 37.862
