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411-413 Ferry St 9,255 SF 100% Leased Retail Building Martinez, CA 94553 $1,954,288 CAD ($211.16 CAD/SF) 1.60% Cap Rate
INVESTMENT HIGHLIGHTS
- High Visibility
- Near Amtrak station
- Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
- Near Government Center and Main Street District
- Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away.
- Marina Vista Ave and Ferry St frontage!
EXECUTIVE SUMMARY
Handsome Retail/Office opportunity in blossoming Downtown Martinez.
Freshly repainted building, and was remodeled/upgraded in 2005. Features 2 possible Owner/User street-level retail spaces with high visibility. 7 office suites are upstairs and share a conference area, breakroom, outdoor patio, and 2 bathrooms.
Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away. Restaurants nearby, including the burgeoning Martinez nightlife scene, adding to the vibrancy of the area. Ample parking available across the street.
Below market rents offer a great upside. Major renovations in 2005 included electrical, roof, and plumbing along with other upgrades.
Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
Freshly repainted building, and was remodeled/upgraded in 2005. Features 2 possible Owner/User street-level retail spaces with high visibility. 7 office suites are upstairs and share a conference area, breakroom, outdoor patio, and 2 bathrooms.
Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away. Restaurants nearby, including the burgeoning Martinez nightlife scene, adding to the vibrancy of the area. Ample parking available across the street.
Below market rents offer a great upside. Major renovations in 2005 included electrical, roof, and plumbing along with other upgrades.
Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$114,472
|
$12.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$114,472
|
$12.37
|
| Taxes |
$19,289
|
$2.08
|
| Operating Expenses |
$83,791
|
$9.05
|
| Total Expenses |
$103,080
|
$11.14
|
| Net Operating Income |
$11,392
|
$1.23
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $114,472 |
| Annual Per SF | $12.37 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $114,472 |
| Annual Per SF | $12.37 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,289 |
| Annual Per SF | $2.08 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $83,791 |
| Annual Per SF | $9.05 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $103,080 |
| Annual Per SF | $11.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $11,392 |
| Annual Per SF | $1.23 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
9,255 SF
Building Class
C
Year Built/Renovated
1916/2005
Price
$1,954,288 CAD
Price Per SF
$211.16 CAD
Cap Rate
1.60%
NOI
$31,269 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.77
Lot Size
0.12 AC
Zoning
Commercial
Parking
10 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Glt Signs Solutions Inc
- Manufacturing
- -
- -
- -
- -
- I've Been Framed
- Retailer
- -
- -
- -
- -
- Jessica Mccoy Photography
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Martinez Community Foundation
- Services
- -
- -
- -
- -
- Performance Medical Group
- Wholesaler
- -
- $22.61 CAD
- Full Service
- Oct 2010
- Property Managers Inc
- Real Estate
- -
- $19.26 CAD
- Full Service
- Jan 2011
- Sweetwater Landscaping
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Glt Signs Solutions Inc | Manufacturing | - | - | - | - | |
| I've Been Framed | Retailer | - | - | - | - | |
| Jessica Mccoy Photography | Professional, Scientific, and Technical Services | - | - | - | - | |
| Martinez Community Foundation | Services | - | - | - | - | |
| Performance Medical Group | Wholesaler | - | $22.61 CAD | Full Service | Oct 2010 | |
| Property Managers Inc | Real Estate | - | $19.26 CAD | Full Service | Jan 2011 | |
| Sweetwater Landscaping | Services | - | - | - | - |
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 373-172-003-7 | Total Assessment | $1,592,345 CAD (2025) |
| Land Assessment | $293,060 CAD (2025) | Annual Taxes | $19,289 CAD ($2.08 CAD/SF) |
| Improvements Assessment | $1,299,284 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
373-172-003-7
Land Assessment
$293,060 CAD (2025)
Improvements Assessment
$1,299,284 CAD (2025)
Total Assessment
$1,592,345 CAD (2025)
Annual Taxes
$19,289 CAD ($2.08 CAD/SF)
Tax Year
2024
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