Contacts

Samuel Ko

Meridian Commercial

Property Details

Property Type Industrial - Warehouse/Distribution
Property Size 14,620 SF
Lot Size 0.67 Acre
Property Tenancy Multi-Tenant
Year Built 1967
Date Updated May 6, 2025
HVAC None

Located in the Greenbrae/Corte Madera submarket of central Marin County. The location provides one of the best locations for light industrial users in Marin County with direct access to all major hubs of Marin County and beyond. The area is strategically situated near major transportation, including Highway 101, I-580 and the Richmond-San Rafael Bridge. Only 10 miles and 11 minutes to San Francisco and 20 minutes to Sonoma County. In addition, the core location provides the best public transportation location with the Larkspur-San Francisco ferry and SMART train within walking distance of the property.Introducing a rare opportunity to own a multi-tenant industrial building in the central Marin County Greenbrae/Corte Madera submarket. Rarely do these buildings come available in this submarket with only approximately ten industrial buildings in the immediate area. The subject property has been under the same ownership for 49 years. This property features a ±14,620 SF building currently divided into three occupied spaces with all tenants currently on a month-to-month lease term. Built in 1967 of a metal frame construction with an exterior of corrugated steel, the property provides a low maintenance and easy to manage ownership. The building features fire sprinklers, 18 ft. clear height at the ridge, four total roll up doors, mostly clear span space, and separate PG&E meters. The L/I zoning provides flexibility in all types of light industrial uses, including the current use of automotive. Don't miss this rarely available opportunity for an industrial property in a high supply constrained submarket.

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Highlights

5.59% Cap Rate on Current Rents
Easy to Maintain and Manage Building
Extremely Supply Constrained Submarket
Flexibility in Uses with L/I Zoning
Historical Zero Vacancy
Metal Frame Construction with Fire Sprinklers
Month-to-Month Leases at Under Market Rents
Opportunity For Net Leases
Owner-User or Investor Opportunity
Rare Industrial Opportunity in Central Marin-Greenbrae/Corte Madera Submarket

Getting around

48/100
Walk Score ®
74/100
Bike Score ®

City Greenbrae, CA
Zip Code 94904
Market San Francisco

Points of Interest

Larkspur

0.62 miles
Marin Civic Center

4.50 miles
Marina Way / 16th Street

8.72 miles

Chevron

0.08 miles
Shell

0.55 miles
eVgo

0.75 miles
76

0.96 miles
ChargePoint

0.98 miles
Kwik-Serv

1.03 miles
Larkspur Gas

1.10 miles
Beacon

1.59 miles
Circle K

1.60 miles
Gas Station

2.13 miles

Shineology

0.08 miles
Hertz

1.50 miles
BlueWave Express Car Wash

1.56 miles
Enterprise

1.81 miles
Mill Valley Express Hand Car Wash

2.69 miles
U-Haul

9.11 miles

Boudin San Francisco

0.59 miles
The Cheesecake Factory

0.60 miles
Hog island oyster

0.62 miles
The Melting Pot

0.62 miles
Stang's

0.63 miles
Loveski

0.63 miles
Subway

0.64 miles
El Huarache Loco

0.64 miles
Sushi Ko

0.64 miles
Wise Sons Larkspur Bagelry

0.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

Samuel Ko

Meridian Commercial

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49 Industrial Way