1316-1324 Grant Ave
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1316-1324 Grant Ave
11,000 SF 100% Leased Retail Building Novato, CA 94945 $3,900,000 ($355/SF)
Executive Summary
Downtown Novato mixed use development opportunity
Located at the northeast corner of 4th and Grant Ave.
Approximately 48,000 SF site
Generous FAR of 2.0 with up to 3 floors
Short term leases in place
Ideal 1st floor commercial space and 2 floors of residential.
Located at the northeast corner of 4th and Grant Ave.
Approximately 48,000 SF site
Generous FAR of 2.0 with up to 3 floors
Short term leases in place
Ideal 1st floor commercial space and 2 floors of residential.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
11,000 SF
Building Class
C
Year Built
1956
Price
$3,900,000
Price Per SF
$355
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
1.12 AC
Zoning
CDR
Frontage
94 FT on Grant Ave
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 141-261-29 | Improvements Assessment | $278,622 |
Land Assessment | $464,191 | Total Assessment | $742,813 |
PROPERTY TAXES
Parcel Number
141-261-29
Land Assessment
$464,191
Improvements Assessment
$278,622
Total Assessment
$742,813
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1316-1324 Grant Ave
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