Combining Strategic Guidance and Expert Marketing Elevate Mixed Use Commercial Sale to Success
Challenge: The property owners of this mixed use commercial building were faced with an unsettling market environment, characterized by rising interest rates and decreasing demand for retail and office properties. Their investment seemed at risk, necessitating the guidance of a well-versed commercial real estate specialist to guide them through a beneficial sale.
Action: In close collaboration with the owner-managers, Ces Cecchin instigated a series of strategic enhancements to increase the market value of the property. Leveraging his Full Market Exposure Program, he initiated a versatile marketing campaign. This endeavor spanned various sales channels, encompassing both modern digital platforms and traditional networking avenues, aiming to captivate a broad spectrum of potential investors.
Results: This robust approach culminated in attracting a buyer who discerned the significant potential of the property. Keen on securing a lucrative investment in a distinguished location, the buyer could make a significant down payment, showing resilience amidst the unstable market conditions. The comprehensive rent roll further solidified the property’s appeal, facilitating a smooth and successful transaction within a remarkable 90-day timeframe. This venture, navigated expertly by Ces, showcases the seamless synergy of strategic insights and opportune market positioning.
Property Description
Located in the center of San Anselmo, 554 San Anselmo Avenue is a two-story, mixed-use building with both retail and office spaces. Built in 1912, the building has about 24 feet of frontage on San Anselmo Avenue, one of the town’s main streets. The property is in the C-2 zone, which allows for various types of commercial businesses, and is part of the San Anselmo Central Commercial District.
San Anselmo is a lively town in Marin County, known for its small-town feel and local businesses. The building is in a great spot with lots of foot traffic, surrounded by shops, offices, and homes. It’s easily accessible, close to Highway 101, and not far from other towns like Fairfax and Marinwood. The building’s mix of historic charm and central location makes it a prime spot for businesses looking to be in a busy, welcoming area.
Location Description
This property is located in the heart of downtown San Anselmo, along San Anselmo Avenue, which is a well-trafficked commercial street. The Central Commercial District zoning means this area is intended for walkable retail, professional offices, and mixed-use activity, which tends to attract both locals and visitors. Being in San Anselmo places it in a desirable Marin County suburb, close to amenities like shops, restaurants, and local services, with charming small-town character.
Highlights
- Two-story retail/office building with multiple tenants
- Historic building (built in 1912) with character in downtown San Anselmo
- C-2 zoning (Central Commercial) allows flexible mixed commercial use
- Good frontage (24 feet) on a main commercial corridor
- Compact footprint ideal for smaller businesses or local retail
Testimonial: “Ces guided us expertly through the preparation and sale of our San Anselmo mixed use commercial building, adding value every step along the way. With his adept guidance, our sale went smoothly. We highly recommend Ces for his knowledge and if you are looking for a straightforward, successful real estate transaction.” – David and Paige Hirshkop