29 1St St, Corte Madera, CA 94925
5 Unit Apartment Building | $5,895,000 ($1,179,000/Unit) | 5.03% Cap Rate | Corte Madera, CA 94925
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,895,000
- Property Type
-
Multifamily
- Square Feet
- 6,994 SF
Listing Contacts
Theresa Teuma
Verified Profile
Barry Palma
Verified Profile
- Property Info
Property Overview
This listing is a turnkey 100% leased investment opportunity for a buyer. There are five apartment units on the second and third floor penthouse with some units having views of San Pablo Bay. The apartment units have been totally renovated with new fixtures
including brand new kitchen offering higher end appliances, new cabinets and counter tops and flooring and new HVAC units and electrical panels.
The first floor has three retail tenants offer an elegant appeal to the entrance of the building. There is street identity with frontage and parking in front of their space. They include a successful hair salon, consignment store and spa. All 3 leases are for a minimum of 5 years.
including brand new kitchen offering higher end appliances, new cabinets and counter tops and flooring and new HVAC units and electrical panels.
The first floor has three retail tenants offer an elegant appeal to the entrance of the building. There is street identity with frontage and parking in front of their space. They include a successful hair salon, consignment store and spa. All 3 leases are for a minimum of 5 years.
Property Details
- Class
- B
- Year Built/Renovated
- 1923/2024
- Stories
- 3
- Property Subtype
- Storefront Retail/Residential, Office/Residential
- Lot Size (sq. ft)
- 13,939 SF
- Units
- 5
Highlights
- Newly Renovated.
- Fully Leased.
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