2001-2009 Bridgeway

2001-2009 Bridgeway

Sausalito, CA 94965

$3,995,000
Price
—
Beds
6,306 Sq. Ft.
$634 / Sq. Ft.
6,306
Sq. Ft.
$634
per Sq. Ft.
Bridgeway Treasures! 2001/2003 Bridgeway is a mixed use building at the corner of Spring Street/Bridgeway. This building was completely renovated/remodeled in 2015 and includes an ADA compliant commercial space on the lower floor and 2BR/1BA residence on the upper level. 2005 Bridgeway (the cottage) was remodeled in 2020 and includes 2 bedrooms (one on each level), 1 BA and large finished storage below. 2007/2009 is the iconic neighborhood favorite, Saylors Restaurant & Bar established in 1998 by the amazing owners/sellers of this property. The restaurant business and equipment are negotiable. If buyer doesn't want the business, the building will be delivered vacant. 3 beautiful buildings, 3 long term tenants (excluding restaurant), 11 parking spaces, 3 parcels in a highly visible location, close to public transportation, Marinas, shopping, parks and downtown.
2001/2003 Bridgeway - This commercial/residential building was taken down to the studs in 2015 and completely renovated, adding full accessability to the commercial space, sprinklers, dual pane windows, AC and more. This building also has a full basement, accessed from the parking lot, with abundant storage currently shared by the commercial office tenant and restaurant. This building has a full fire suppression system and hard wired alarm.
2001 Bridgeway is home to this listing agent. FCR Inc. is the original tenant that finished the build out for this office and added AC, window coverings and conference room. The office has beautiful oak hardwood floors, recessed lighting, conference room, kitchen (excluding stove) and is fully accessible. There is plenty of on street parking and shared parking lot behind the office. Current tenant has a lease through October 2024 and pays $3024/mo. for 818 s.f. + basement storage space. Tenant pays for all utilities. Tenant would like to negotiate a new long term lease with the new owner.
Basement storage - This photo shows 1/2 of the area... It has low ceilings and steep stairway, but great, dry storage.
2003 Bridgeway - This 2BR/1BA, 850 s.f. residence is leased through October 2024 to long term, original tenant that would like to negotiate a new lease with new owner. Tenant pays $4088/mo. and pays for all of his utilities. This unit also has a full floor, finished attic space.
Open living room with recessed lighting and attached front deck. The photos of this unit have been virtually staged to respect the tenants privacy.
2003 Bridgeway has a large finished loft accessed from a drop down ladder.
2005 Bridgeway is zoned commercial and has been a Chiropractor's office, hair salon and most recently a 2BR/1BA private residence. The home has a new tenant, leased through February 2025 for $3250/mo. There is a large finished basement, accessed by small door on the side of the house.
The attic was converted to a bedroom in 2020.
2005 - The basement in this building, accessed by small door (shown) is fully finished with a kitchen/bathroom (unwarranted) and is a great storage space.
The iconic Saylors Restaurant and Bar, established in 1998, has been this neighborhood's favorite pub. The owners are retiring and would love for someone to keep a restaurant/bar here (so would the patrons). Many of the long term staff would also like to stay. This building was once a 4 story hotel! after it burned, it was renovated to be a restaurant and was owned by the Scoma family for years and operated as a French Basque restaurant, Guernicas until 2004 when it beame Saylor's. This is a great opportunity for owner/operator to move into a well established business, or re develop the property....
The bar is always packed for happy hour...Liquor license is not included in the sale.
Upstairs is a large, private banquette room. There is a large storage room, private office and two restrooms on this level.
The private dining patio has access from upstairs or parking lot.
There are 11 parking spaces behind 2001-2005 Bridgeway. The restaurant is accessible from the parking lot between these buildings. There is abundant on street parking on Spring, as well as Bridgeway.

Description

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 is currently Saylor's Restaurant, a mainstay in Sausalito for many years with excellent food and reviews. The restaurant currently has full bar service, with great interior...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 is currently Saylor's Restaurant, a mainstay in Sausalito for many years with excellent food and reviews. The restaurant currently has full bar service, with great interior dining, banquet room & private outdoor patio dining options. All tenants are on a month to month basis 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!
  1. Listed by Sherrie M Faber • DRE #01272361 • Brokerage DRE #01411923 • First California Realty, Inc

Property Details for 2001-2009 Bridgeway

Zoning
CN-1
Cross Street
Spring
Total Parking Spaces
11

Location

Listing Courtesy of First California Realty, Inc, Sherrie M Faber, DRE #01272361
Add your commute
LISTING UPDATED: 03/22/2024 05:53 PM

Property Details for 2001-2009 Bridgeway

StatusActive
MLS #324009864
Days on Compass69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1920
Lot Size0.28 AC / 12,000 SF
CountyMarin County

Location

Listing Courtesy of First California Realty, Inc, Sherrie M Faber, DRE #01272361
Add your commute

Building Information for 2001-2009 Bridgeway

Stories2Residences-Year Built1920Lot Size0.28 AC / 12,000 SF

Payment Calculator

$21,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,802

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2001-2009 Bridgeway

Summary
Location and General Information
  • Area/District: Sausalito
  • Area Short Display: A2400
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bathroom(s), Parking, Varies by Unit
  • Signs: No
  • Area Long Display: Sausalito
Taxes and HOA Information
  • APN: 064-135-01
Parking
  • Parking Features: Common Area Shared, Uncovered
Virtual Tour
  • Virtual Media Count: 1
Property
Lot Information
  • Square Footage: 6306.0
  • Square Footage Source: Appraiser
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Appraiser
  • Lot Size Square Feet: 12000.0
  • Lot Features: Corner, Landscape Misc, Low Maintenance, Sidewalk
  • Property Condition: Exterior-Good,Interior-Good,Interior-Very Good,Updated/Remodeled,Varies by Unit,See Remarks
Property and Assessments
  • Security Features: Fire Alarm, Fire Extinguisher, Fire Suppression System, Security Lights, Smoke Detector, Varies by Unit
  • Current Use: Mixed Use, Restaurant, Varies by Unit
  • Picture Count: 73
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed.<BR> Copyright &copy; 2024 Bay Area Real Estate Information Services, Inc. All rights reserved.<BR>Copyright</A> &copy;2024 <A name="trans">Rapattoni Corporation. All rights reserved.</A><BR>U.S. Patent 6,910,045
  • Construction Materials: Wood
Green Features
  • Energy Efficient: Appliances, Cooling, Lighting, Water Heater
Utilities
  • Electric: Separate Electric Meter
  • Sewer: Public Sewer, Sewer Connected
  • Water Source: Water Public, Water District
  • Utilities: Cable Connected, Separate Gas Meter, Separate Water Meter
Interior and Exterior Features
Exterior Features
  • Foundation: Concrete Perimeter
  • Stories: 2
  • Levels: 2 Story
  • Roof: Composition, Tile
  • # of Floors: 2
Interior Features
  • Heating: Central, MultiUnits, Varies by Unit
  • Cooling: Central, MultiUnits, Varies by Unit
  • Flooring: Carpet, Tile, Wood
  • Window Features: Dual Pane Full, Window Coverings
Multi Family
Income & Expenses
  • Income Includes: Rent

Property History for 2001-2009 Bridgeway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2001-2009 Bridgeway

This home is within Tamalpais Union High School District.
Rating
School
Type
Grades
Distance
Dr. Martin Luther King Jr. Academy
Public - K to 8
Tamalpais High School
Public - 9 to 12
San Andreas High (Continuation) School
Public - 10 to 12
Tamiscal High (Alternative) School
Public - 9 to 12
Rating
School
Distance
Dr. Martin Luther King Jr. Academy
PublicK to 8

Tamalpais High School
Public9 to 12

San Andreas High (Continuation) School
Public10 to 12

Tamiscal High (Alternative) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2001-2009 Bridgeway, Sausalito, CA 94965

2001-2009 Bridgeway is a mixed use property for sale in Sausalito, CA 94965. This property was listed for sale on February 20, 2024 by First California Realty, Inc, it's currently listed at $3,995,000. This listing's school districts are Tamalpais Union High School District, Sausalito Marin City School District. Nearby schools include Dr. Martin Luther King Jr. Academy, Tamalpais High School and San Andreas High (Continuation) School. 2001-2009 Bridgeway is a 0-bed, 0-bath, 6,306 sqft mixed use property built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of First California Realty, Inc, Sherrie M Faber, DRE #01272361

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.