303 305 Harbor Drive Sausalito CA 94965 MLS #325003821

303 305 Harbor Drive
Sausalito, CA, 94965
$6,600,000
Beds
0 Baths
14,585 SqFt
1.09 Acres
MLS #325003821 img 0
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.

Property Details

Price:
$6,600,000
MLS #:
325003821
Status:
Active
Baths:
0
Address:
303 305 Harbor Drive
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
sausalito
City:
Sausalito
State:
CA
Finished Sq Ft:
14,585
ZIP:
94965
Lot Size:
47,350 sqft / 1.09 acres (approx)
Year Built:
1954
Days on Market:
5
List Date:
Jan 17, 2025

Interior

Exterior

Financial

Map

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Community

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303 305 Harbor Drive
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