561 Bridgeway Way, Sausalito, CA 94965, Sausalito, 94965 - 0 bed, 0 bath
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Sausalito, CA 94965
This iconic 8-unit mixed-use building presents a High-Potential Investment Opportunity with a List Price of $5,250,000—positioned well above the $4,957,767 Fair Market Value by -5%. Featuring a Condition Rating of 3, the property offers significant value through recent capital improvements, including a newer roof and renovated units. With a prime waterfront location and panoramic water views, this asset provides stable, diversified revenue streams. It is an ideal acquisition for Buy-and-Hold Investors or Commercial Portfolio Managers seeking high-traffic, historical real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 561 Bridgeway Way Subject | $5,250,000* List Price | 0 | 0 | 5,492 | $922 | - |
A 545 Bridgeway Street Sold | $4,000,000 | 8 | 10 | 4,488 | $891 | 0.0 mi |
B 516 Richardson Street Active | $4,695,000 List Price | 0 | 0 | 5,577 | $842 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1897 build date, the property is well-maintained with a newer roof and fresh exterior paint. The listing notes that several units have undergone recent renovations including new kitchens, bathrooms, flooring, and appliances, meeting the criteria for a functional, move-in ready investment.
Situated on the iconic Bridgeway waterfront, the property benefits from high foot traffic and a world-renowned tourist presence, ensuring strong demand for both retail and residential units.
With 8 units comprising both retail and residential spaces, this property offers a balanced investment portfolio that mitigates risk through multiple revenue streams in a high-demand market.
Significant updates including a newer roof, fresh exterior paint, and several renovated units with modern finishes reduce immediate capital expenditure requirements for a new owner.
Originally constructed in 1897, the building's age may present ongoing structural, plumbing, or electrical challenges typical of century-old properties despite recent upgrades.
As a historical mixed-use building in a high-profile coastal area, future modifications or expansions may be subject to stringent local zoning laws and historical preservation requirements.
Iconic 8 unit Historical mixed use building across the water's edge is a wonderful addition to any investors portfolio. Nestled among the mainstream of popular restaurants and shops along the waterfront in Sausalito. Fresh new exterior paint, newer roof, some units have recently been renovated with new flooring, new baths, new kitchens and new appliances. Located in a high traffic area with strong year round tourist presence. The mixed use Retail & Residential is a great investment mixture for any investor. Just minutes across the Golden Gate Bridge from San Francisco, Sausalito is both a world-renowned tourist destination and incredible place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 5,492 | - |
| Lot Size | - | - |
| Price | $5.25M | $4.00M |
| Price per sq ft | $956 | $891 |
| Built year | 1897 | 0 |
| HOA | $0 | $0 |
| Days on market | 45 | 336 |
Jun 7, 2026
$5,250,000
Initial Listing
Jun 21, 2018
$3,500,000
Public Record