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845 Olive Avenue

Novato, CA 94945
  • $2,595,000
  • STATUS: Active
  • ON SITE: 81 Days
  • ID#: 323047222
Price Reduced
UPDATED: 154 min ago
$2,595,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,333
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1983
County:
Area:

School Ratings & Info

Description

845 Olive Ave is an excellent alternative for investors looking for multifamily investments. It offers a diversified base of small tenants, similar to an apartment building, but without the management hassle, maintenance issues or rent control restrictions that come with apartment buildings. The warehouses are in huge demand in supply-constrained Marin County. The executive offices are perfect for the increasing demands of remote workers. Its impossible to find an apartment building in Marin County over a 6.34% cap. 845 Olive offers just that.

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© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McGuire Real Estate. Data last updated: 2023-09-29T23:57:21.57.
www.mcgrealtors.com/homes/141339420
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845 Olive Avenue Novato, CA 94945

  • Price: $2,595,000
  • Status: Active
  • On Site: 81 Days
  • Updated: 154 min ago
  • ID#: 323047222
0
Beds
0
Baths
0
½ Baths
0.49
Acres
9,333
SQFT
$278
$/SQFT
1983
Built
Neighborhood:
Novato
County:
Marin
Area:
Novato
Property Description
845 Olive Ave is an excellent alternative for investors looking for multifamily investments. It offers a diversified base of small tenants, similar to an apartment building, but without the management hassle, maintenance issues or rent control restrictions that come with apartment buildings. The warehouses are in huge demand in supply-constrained Marin County. The executive offices are perfect for the increasing demands of remote workers. Its impossible to find an apartment building in Marin County over a 6.34% cap. 845 Olive offers just that.
Exterior Features

Parking Total 17

Interior Features

Floor 0

Property Features

Auction No Current Use Mixed UseOfficeWarehouse Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Condition Exterior-GoodInterior-Good Property Sub Type Mixed Use Property Type Commercialsale Rentable Yes Retail Sq Ft 0 Warehouse Sq Ft 0

Listing information © 2023 Bay Area Real Estate Information Services. Listing courtesy of Vincent Schwab of Marcus & Millichap: .


© 2023 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or McGuire Real Estate. Data last updated: 2023-09-29T23:57:21.57.
 
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