401 San Anselmo Ave San Anselmo, CA 94960
- Commercial real estate
- 4,500 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 401 San Anselmo Ave
- Year built
- 1925
- Lot size
- 0.10 lot acres
- Property size
- 4,500 SF
- Property type
- Commercial real estate
- APN
- 007-251-22
- APU
- 725122
Description
This exceptional 4,404 square foot retail space, located at 401 San Anselmo Avenue in San Anselmo, California (zip code 94960), presents a unique investment opportunity. Situated in the heart of San Anselmo's historic downtown, this property boasts a highly desirable corner ground floor location directly across from the town's largest public parking lot, ensuring high visibility and accessibility. Currently undergoing a complete renovation, the space will feature modernized building systems and updated aesthetic and structural elements. The building, constructed in 1927, is zoned for commercial use and offers flexible tenancy options. The entire 4,404 square feet is currently vacant and divisible into units as small as 1,000 square feet, with a maximum contiguous space of 3,000 square feet. This makes it ideal for a variety of retail uses or a combination of tenants. The property's location within the San Anselmo Downtown submarket cluster provides excellent access to local businesses, residents, and ample parking. This is a rare chance to secure a prominent retail space in a thriving California town.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,185,000
- ML approach
- $1,210,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,520,000
- 6.5%
- $1,400,000
- 7%
- $1,300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,378,000
Market price range: $1.09M - $2.27M
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Location Insight
- Map
- Local Demand
- City
- San Anselmo
- County
- Marin
- State
- California
- Longitude
- -122.562
- Latitude
- 37.9739
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA