915 Diablo Avenue

Description

This property has the potential to be an upscale boutique, completely remodeled office building located in Novato's downtown district. This is a rare opportunity for an investor to complete the remodel of an office building to their exact standards and requirements, in one of the Bay Area's strongest rental markets. This property provides investors/developers the opportunity to acquire a quality asset in the coveted market of Novato at discount pricing, allowing for above-average long-term returns. The subject property has been stripped of interior improvements and will be delivered as a warm shell . The building has completed electrical wiring, a fire sprinkling system, and a basic two-floor configuration. The property will benefit from the completion an extensive remodel, which can utilize existing plans/drawings or can be redesigned to a new owner's specification. This will allow for an owner/user the opportunity to complete a custom designed building or an investor can complete the build-out of the property and benefit from the opportunistic pricing and resulting above-average returns. The property will be separately metered and is anticipated to have has solar power supplied air-conditioning throughout the property. Lastly, there are twenty-two off-street parking spots.