807-grant-ave-large-photo-

Restaurant & Office Building

For Sale - NEW PRICE REDUCTION


Property Type:
Asking Price: $1,795,000
Price/ Sq.Ft: $381.00
Price/Unit: N/A

807-809 Grant Ave.
Novato, CA 94945


Property Information

Tenant Name:
Description:
This historical building fronts Grant Avenue in downtown Novato. The building was rebuilt from the ground up in 2005. The ground floor (2,868 +/- sq. ft.) is the former Left Coast Depot Restaurant, and seats 110-120 inside, with rear patio seating for an additional 16-20 patrons. The rear door provides access to a City parking lot. The second floor (1,634 +/- sq. ft.) is a two-suite office with a bathroom, kitchenette and a usable deck. There are operable windows and good natural light. There is 206 +/- sq. ft. of common area. This building is located in the core of Old Town Novato. High foot traffic. Ideally located close to restaurants, shops, businesses and in the next block is Whole Foods Market and Millworks, a 117-unit upscale townhouse and apartment project.

Building Square Feet: 4,708
Land Square Feet: 3,500
CAP Rate: 4.80%
Units: n/a
Gross Multiplier: n/a

Agent Information

HL Commercial Real Estate - Peter Gettner (415-269-3622) (peter@hlcre.com)


ID: 1999



No warranty or representation, expressed or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawl without notice, and to any special listing conditions imposed by our principals. The prospective purchaser/lessee should independently verify all information.