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:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Greg Corvi | CA DRE# 01314816 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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