112 Pine St
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112 Pine St
4,500 SF Office Building San Anselmo, CA 94960 $1,550,000 ($344/SF) 6% Cap Rate
Investment Highlights
- Turnkey Office Building
- Downtown San Anslemo location
- Solar power panels
- Fully remodeled to 2005 standards
- Approved for low down SBA financing
Executive Summary
112 was renovated and converted from a multi-tenant retail building into a modern and functional office building in 2005. The interior has exceedingly tall ceilings with natural light emanating from the multiple skylights. Premium lighting fixtures, finished concrete floors, and designer finishes adorn the interior.
The layout consists of two reception areas, a conference room, two large private offices, 19 workstations, library, large and tall storage room, open work areas, janitorial closet, two restrooms and a kitchen. There is also roof access via a spiral staircase for the evening barbecue.
112 Pine is an ideal Owner User opportunity for business services, education or even conversion to residential.
112 Pine is located just off San Anselmo Avenue in the heart of downtown offering excellent business visibility and access. Neighboring businesses have been upgraded and the benefits are being felt by the immediate neighborhood with higher-end consumer traffic. Just steps away are many restaurants, cafés, shopping, unique boutiques, banks, parks and an Inn.
The building could be easily split into two separate offices as it has separate entrances and a natural division split.
The layout consists of two reception areas, a conference room, two large private offices, 19 workstations, library, large and tall storage room, open work areas, janitorial closet, two restrooms and a kitchen. There is also roof access via a spiral staircase for the evening barbecue.
112 Pine is an ideal Owner User opportunity for business services, education or even conversion to residential.
112 Pine is located just off San Anselmo Avenue in the heart of downtown offering excellent business visibility and access. Neighboring businesses have been upgraded and the benefits are being felt by the immediate neighborhood with higher-end consumer traffic. Just steps away are many restaurants, cafés, shopping, unique boutiques, banks, parks and an Inn.
The building could be easily split into two separate offices as it has separate entrances and a natural division split.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,500 SF
Building Class
C
Year Built/Renovated
1925/2005
Price
$1,550,000
Price Per SF
$344
Cap Rate
6%
NOI
$93,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,500 SF
Building FAR
1.00
Land Acres
0.10 AC
Zoning
C-2 - San Anselmo downtown commercial zoning C-2 allows for multiple uses including retail, services, office and multi family residential.
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Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,239,066 | |
| Land Assessment | $526,587 | Total Assessment | $1,765,653 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$526,587
Improvements Assessment
$1,239,066
Total Assessment
$1,765,653
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Ces Cecchin -
Meridian Commercial
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112 Pine St
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