This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

86 Hamilton Dr

9,600 SF Flex Building Novato, CA 94949 $2,750,000 ($286/SF)

Investment Highlights

  • Fully Sprinklered
  • Eight Grade Level Roll-Ups
  • Well Maintained
  • Recently Remodeled
  • Gated and Secure Yard
  • Excellent Location

Executive Summary

Extremely well maintained light industrial building in Novato’s Hamilton Business Park within the Bel Marin Keys neighborhood. Custom Mobile Electronics, Inc. occupies 4,478 square feet on lease through 11/30/2026 with one three-year option at Fair Market Value. Their current rent is $5,801.45 per month plus $350 per month for Common Area Maintenance. This leaves 4,969 square feet with four roll-up doors to be delivered vacant at Closing making this an ideal opportunity for an owner user who would like to utilize just over 50% of the square footage for their business or personal storage use. A fenced and secure yard enhances this efficient and functional property.

Property Facts

Price $2,750,000
Price Per SF $286
Sale Type Owner User
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Lot Size 0.24 AC
Rentable Building Area 9,600 SF
No. Stories 1
Year Built 1971
Parking Ratio 1.04/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 8

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 157-331-20
  • 157-331-19
Land Assessment
$1,033,480 (2023)
Improvements Assessment
$563,218 (2023)
Total Assessment
$1,596,698 (2023)

zoning

Zoning Code PDP (Planned Development District)
PDP (Planned Development District)
  • Listing ID: 31193162

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 86 Hamilton Dr, Novato, CA 94949

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}