Property photo 1
70 photos
ActiveMLS# 326057141108 days on market

$1,800,000

1304 Grant Avenue

Novato, CA 94945

0 BD|0 BA|7,343 SQFT|$245.13/sqft

About This Property

Located in the heart of downtown Novato, 1300 Grant Avenue presents a rare opportunity to acquire a fully leased, professionally managed 7-unit commercial investment property offering immediate, stable cash flow. Situated along one of Novato's premier commercial corridors, the property benefits from outstanding visibility, strong pedestrian and vehicle traffic, convenient access, and close proximity to restaurants, retail amenities, and Highway 101. The property features a well-established and diverse tenant mix, providing dependable income and long-term investment stability. Pride of ownership is evident throughout, with professional management and meticulous maintenance contributing to the property's strong market position. Fully occupied commercial assets of this quality in downtown Novato are increasingly difficult to find. Combining a prime Marin County location, proven occupancy history, and enduring investment fundamentals, 1300 Grant Avenue represents an exceptional opportunity for investors seeking a high-quality, income-producing asset with long-term appreciation potential.

Property Details

Property TypeCommercial
Year Built1990
Lot Size18,748 sqft
Stories2
Price / Sqft$245.13
Days on Market108
MLS Number326057141

Adam Modzeleski

Broker

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Est. Monthly Payment

$10,827

P&I: $9,102 | Tax: $1,275 | Insurance: $450

$1,800,000
%
%
Loan Amount$1,440,000
Down Payment$360,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

1304 Grant Avenue, Novato, CA 94945

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