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14 Commercial Blvd 2,187 SF Industrial Condo Unit Offered at $942,043 CAD in Novato, CA 94949
Investment Highlights
- Rare Light Industrial Condo Unit
- Gated Parking
- Efficient Office Space
- Updated Building
- Roll-Up Door
- Strong HOA
Executive Summary
The Bel Marin Commerce Park area of Bel Marin Keys allows for a wide variety of office and light industrial uses. With immediate access to Highways 101 and 37, this is Novato’s best location for light industrial and office businesses and is in close proximity to many shops, restaurants, hotels, and other amenities.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | APN/Parcel ID | 157-670-50 |
| Sale Type | Owner User |
| APN/Parcel ID | 157-670-50 |
Description
This well maintained 2,187 square foot Light Industrial/Flex condo is currently divided into two units. Unit 125 is a 1,467 square foot office/warehouse rented on a month to month basis. It features a well appointed office in the front and a warehouse with a roll-up door at the rear. Unit 123 is a well appointed 720 square foot office. Both units have their own private restroom and a kitchenette. Each unit is served by its own dedicated 100-amp 3-phase electrical service with separate meters. With 12 to 14 foot ceilings throughout, the flexible nature of this building allows a prospective purchaser to increase the amount of warehouse space by downsizing the office or utilize it as is and lease one side while occupying the other. With gated and secure parking for the project and a strong HOA, this is a great opportunity to accommodate a variety of different uses.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 123 & 125 | 2,187 SF | Industrial | $942,043 CAD ($430.75 CAD/SF) | - |
Unit 123 & 125
| Unit Size |
| 2,187 SF |
| Condo Use |
| Industrial |
| Price |
| $942,043 CAD ($430.75 CAD/SF) |
| NOI |
| - |
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Unit 123 & 125
| Unit Size | 2,187 SF |
| Condo Use | Industrial |
| Price | $942,043 CAD ($430.75 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| APN/Parcel ID | 157-670-50 |
| Description | |
| This well maintained 2,187 square foot Light Industrial/Flex condo is currently divided into two units. Unit 125 is a 1,467 square foot office/warehouse rented on a month to month basis. It features a well appointed office in the front and a warehouse with a roll-up door at the rear. Unit 123 is a well appointed 720 square foot office. Both units have their own private restroom and a kitchenette. Each unit is served by its own dedicated 100-amp 3-phase electrical service with separate meters. With 12 to 14 foot ceilings throughout, the flexible nature of this building allows a prospective purchaser to increase the amount of warehouse space by downsizing the office or utilize it as is and lease one side while occupying the other. With gated and secure parking for the project and a strong HOA, this is a great opportunity to accommodate a variety of different uses.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 27,000 SF | Typical Floor Size | 2,187 SF |
| Property Type | Flex (Condo) | Year Built | 1976 |
| Building Class | C | Lot Size | 0.64 AC |
| Floors | 1 | Parking Ratio | 26.06/1,000 SF |
| Zoning | PD - PD-Planned Development, Light Industrial/Office | ||
| Total Building Size | 27,000 SF |
| Property Type | Flex (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 2,187 SF |
| Year Built | 1976 |
| Lot Size | 0.64 AC |
| Parking Ratio | 26.06/1,000 SF |
| Zoning | PD - PD-Planned Development, Light Industrial/Office |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
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14 Commercial Blvd
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