Active
303-305 Harbor Dr
Sausalito CA, 94965
$6,600,000
$452.52 per sqft
Active
14,585 sqft
Commercial
Built in 1954
Rare opportunity to acquire a high-performing waterfront property in prestigious Sausalito, CA. Situated on a 1.087-acre lot with 14,585 SF, 303 Harbor Drive offers immediate cash flow with $597,720 in annual NOI (9.06% cap rate). This prime asset, priced at $6,600,000, is surrounded by affluent communities like Tiburon, Ross, and Mill Valley and is minutes from the Golden Gate Bridge. With over 1.5M annual visitors to Sausalito, the property offers significant redevelopment potential for boutique hotels, luxury mixed-use spaces, private marinas, or wellness retreats. Comparable properties in the area command $10M+ valuations, making this dual-value asset a rare find. Whether for immediate income or transformative redevelopment, this property is positioned for substantial ROI in one of Northern California's most desirable markets. Don't miss this landmark investment opportunity. Contact Listing Agent, Katrina Klam for more details and financials.
325003821
MLSⓇ ID
January 17, 2025
Listed
January 17, 2025
Updated
Map
303-305 Harbor Dr
Sausalito CA, 94965
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.09 Acres
Other Property Details
Area Name
Sausalito
Garage
No
Parking Total
0
View
No
County
Marin
Pool
No
Listed by Katrina Klam (01899484) with Realty One Group FOX
Listing Contact:
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