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$1,600,000
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| | Land Acres | 0.1500 | |
| | Percent Occupied | 100.00 % | |
| | GLA | 5,543 | |
| | Building S.F. | 5,543 | |
| | Cross Street | 2nd St. | |
| | Market | North Marin | |
| | Sub Market | Novato | |
| | Year Built | 1946 | |
| | No. of Buildings | 2 | |
| | No. Stories | 2 | |
| | Year Renovated | 2005 | |
| | No. of Parking Spaces | 8 | |
| | No.Tenants | 8 | |
| | Building Class | B | |
| | Location Class | B | |
| | Zoning Type | Mixed Use | |
| | Mixed Use | Yes | |
| | Street Frontage | Yes | |
| | Corner | Yes | |
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1129-33 Grant Ave./968-97 2nd St., Novato, CA 94945
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Property Description
1129-1133 Grant Avenue & 968-997 2nd Street is a two building property in the heart of Downtown Novato. The City of Novato has just completed an $11 Million revitalization of Grant Avenue, its primary retail street. This 5,543 Sq. Ft. Mixed Use property offers quality tenants and a solid history of consistent income. This well maintained property, located on the corner of Grant Avenue and 2nd Street, is highly visible and offers a great income stream.
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Location Description
Novato, California is the northernmost city in Marin County, approximately twenty-five miles north of San Francisco and thirty-seven miles northwest of Oakland. Novato covers twenty-eight square miles. The City of Novato successfully mixes corporate headquarters, state-of-the art technology companies and a variety of retail centers in its business community. Fireman's Fund Insurance Company is the City's (and Marin County's) largest employer with 2,400 employees. Local shopping centers in Novato include The Vintage Oaks Shopping Center, a regional mall that serves as home to Costco, Target, Macy's Furniture Center, and Novato Toyota. There is also an active retail area in downtown Novato. The City spent nearly $11 million renovating Grant Avenue with a new street, sidewalks, and trees that have added greatly to the revitalization of the downtown with many new shopping and dining opportunities.
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