350 Ignacio Blvd
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350 Ignacio Blvd
16,792 SF Office Building Novato, CA 94949 $3,358,000 ($200/SF)
Investment Highlights
- ±16,792 USF for sale in a well-maintained Class A office building.
- Many areas of the building offer multiple private decks with hillside views.
- Up to ±4.62/1000 parking ratio between exclusive and shared parking stalls on-site.
- Availabilities feature impressive glass-line, with plentiful natural light & operable windows throughout.
- Adjacent to Pacheco Plaza Shopping Center, walkable amenities include banks, restaurants, high-end grocery stores, and fitness facilities.
Executive Summary
Newmark, as exclusive advisor, is pleased to announce the opportunity to purchase 350 Ignacio Boulevard in Novato, California. The well
improved commercial building is a 3-story professional office building, with multiple large decks and balconies throughout the property.
The total offering is ±16,792 useable square feet with an additional ±2,890 useable square feet of deck space shared between 8 private patios. The offering also includes ±121 useable square feet leased to Bank of America as an ATM.
The building is elevator served and has been well improved and maintained, with impressive lobbies and common area features. 350
Ignacio Boulevard also benefits from a parking ratio of ±4.62/1000 between the exclusive parking and shared parking on-site. The building
was originally constructed in 1986.
If a Buyer does not want to occupy the availability in its entirety, the offering is currently split into eight (8) commercial condominiums. A Buyer may occupy the portion that fits their needs, and lease out other units to create a cash flow.
improved commercial building is a 3-story professional office building, with multiple large decks and balconies throughout the property.
The total offering is ±16,792 useable square feet with an additional ±2,890 useable square feet of deck space shared between 8 private patios. The offering also includes ±121 useable square feet leased to Bank of America as an ATM.
The building is elevator served and has been well improved and maintained, with impressive lobbies and common area features. 350
Ignacio Boulevard also benefits from a parking ratio of ±4.62/1000 between the exclusive parking and shared parking on-site. The building
was originally constructed in 1986.
If a Buyer does not want to occupy the availability in its entirety, the offering is currently split into eight (8) commercial condominiums. A Buyer may occupy the portion that fits their needs, and lease out other units to create a cash flow.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
16,792 SF
Building Class
B
Year Built
1986
Price
$3,358,000
Price Per SF
$200
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,597 SF
Building FAR
0.48
Lot Size
0.80 AC
Zoning
PD - Zoning: Planned District (PD)
General Plan Overlay: General Commercial (CG)
Parking
91 Spaces (5.42 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Reception
- Natural Light
- Reception
- Air Conditioning
- Balcony
Walk Score ®
Very Walkable (72)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,279,685 | |
| Land Assessment | $1,206,450 | Total Assessment | $5,486,135 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,206,450
Improvements Assessment
$4,279,685
Total Assessment
$5,486,135
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350 Ignacio Blvd
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