Price Reduction
Address
1101 Magnolia Larkspur, CA
Price
$ 2,425,000
Property Attributes
  • MLS#321102628
  • TypeCommercial
  • CountyMARIN
  • CityLarkspur
  • AreaLarkspur
  • Zip94939
  • StyleMixed Use
  • Price$ 2,425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4973
  • Lot Size5,998 SqFt
Listing Provided Courtesy Of:
Nathan Ballard with Keegan & Coppin Co, Inc - 415-461-1010
Data Source:
Bay Area Real Estate Info Services (BAREIS) - 159 - CA
Property Description

Large Price Reduction for a Motivated Seller! Trophy mixed-use investment opportunity in central Marin County, California. This property offers two separate structures on one parcel; a vacant commercial/shop building consisting of approximately 2,800 square feet, and a detached three-unit apartment building, with two single-car garages and additional storage, consisting of approximately 2,173 square feet. The automotive-repair warehouse is in impeccable condition and is vacant for an owner-user. The residential building contains a studio unit, a one-bedroom unit, and a two-bedroom unit; all are leased on new leases, and offer an upside opportunity to achieve market rents. This offering represents an opportunity for an investor or an owner-user to secure a once-in-a-lifetime investment property in sophisticated Larkspur. With ease of access to Highway 101, this charming property sits in a community setting with dining, retail, and all services within walking distance.

Price History
10/27/2021 Listed $2,650,000
11/6/2021 9% - $2,425,000

General Features

Auction No
Availability Date 1800-01-01T00:00:00
Lot Size Square Feet 5998
MLS Area Larkspur
Property SubType Mixed Use
Property Type Commercial Sale
Status Active

Exterior Features

Building Area Total 4973
Lot Size Acres 0.1377
Lot Size Source Assessor Auto-Fill
Lot Size Units Acres

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 94939

Price
AVG $2.43M
$2.43M
Year Built
AVG 1957
1957

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