HIGHLIGHTS:
GREAT MIXED USE OPPORTUNITY
4 UNITS FULLY LEASED
HIGH VISIBILITY
EXTENSIVE GLASS LINE
CLOSE TO DOWNTOWN CORE
Property Description:
The property comprises a two-story mixed use building at the front of the lot, and a single-story cottage with a fenced yard in the rear. The front wood-frame building was originally built around 1916. The ground floor restaurant is approximately 1,700 square feet in the front. The ground floor rear is a storage and office space of 1,118 +/- square feet, with good light and ceiling height. Both spaces are leased long term to a popular chef.
The second floor of the front building has a four-bedroom,
one-bath apartment flat of approximately 1,370 square feet. The rear building (485 +/- sq. ft.) is a charming and cozy one bedroom cottage with a large, private fenced yard. These residential units are subject to the Fairfax Rent Stabilization Ordinance.
Location Description:
The property is located on Bolinas Road, at the southern end of Fairfax’s downtown. Stores and restaurants are within two blocks. The Town of Fairfax is an environmentally conscious, progressive community situated in the heart of central Marin County. Fairfax has a current population of approximately 7,500. The Town has ordinances preventing chain stores and the town has a goal of retaining its small-town character. The Art Deco era movie theater is the centerpiece of a vibrant nightlife with top-notch restaurants and well-known clubs with venues for jazz and other popular music.