The Schlegel Group

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2001-2009 BridgewaySausalito, CA 94965Price: $3,497,000

  • Price: $3,497,000
  • 337 Days on Market
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Federal 30-year interest rate: 7.04% last updated on Jan 16, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,497,000List Price
  • 0.28Acreage
Listed by Sherrie M. Faber of First California Realty,Inc

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A Sausalito Landmark! 2001-2009 Bridgeway consists of 3 highly visible buildings, all income producing, with an established business on 3 separate parcels. 2001-2003 Bridgeway is mixed use with commercial space on street level and residence above. 2005 Bridgeway is zoned commercial, currently a residential income property; 2007-2009 was Saylor's Restaurant, a mainstay in Sausalito for over 25 years. Restaurant closed 11/16/24. The restaurant equipment and liquor license are included in the sale of this building. The restaurant has a full bar, indoor seating, banquet room & outdoor patio dining options. All tenants have leases through 2025 with rental upside in the future. The 3 parcels share a large parking lot behind the smaller parcels. This property is located is in a hugely popular tourist destination, with super support from the local residential community. The sellers are extremely loved in the community & goodwill is considerable for a new owner. Great opportunity for several buyer profiles: A passive investor looking for an income producing property; An Owner/user who is looking to take over the restaurant and have income from other units; A Developer!

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Based on information submitted to CA_BAREIS as of January 21, 2025 4:36 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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