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411-413 Ferry St 9,255 sq ft 100% Let Retail Property Martinez, CA 94553 £1,037,302 (£112.08/sq ft) 1.60% Net Initial Yield
INVESTMENT HIGHLIGHTS
- High Visibility
- Near Amtrak station
- Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
- Near Government Center and Main Street District
- Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away.
- Marina Vista Ave and Ferry St frontage!
EXECUTIVE SUMMARY
Handsome Retail/Office opportunity in blossoming Downtown Martinez.
Freshly repainted building, and was remodeled/upgraded in 2005. Features 2 possible Owner/User street-level retail spaces with high visibility. 7 office suites are upstairs and share a conference area, breakroom, outdoor patio, and 2 bathrooms.
Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away. Restaurants nearby, including the burgeoning Martinez nightlife scene, adding to the vibrancy of the area. Ample parking available across the street.
Below market rents offer a great upside. Major renovations in 2005 included electrical, roof, and plumbing along with other upgrades.
Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
Freshly repainted building, and was remodeled/upgraded in 2005. Features 2 possible Owner/User street-level retail spaces with high visibility. 7 office suites are upstairs and share a conference area, breakroom, outdoor patio, and 2 bathrooms.
Located at the gateway to Waterfront Park and the Marina, with the busy Amtrak Station one block away. Restaurants nearby, including the burgeoning Martinez nightlife scene, adding to the vibrancy of the area. Ample parking available across the street.
Below market rents offer a great upside. Major renovations in 2005 included electrical, roof, and plumbing along with other upgrades.
Don't miss this rare opportunity to get a working, well-functioning and well located asset into your portfolio.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£60,760
|
£6.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£60,760
|
£6.57
|
| Taxes |
£10,238
|
£1.11
|
| Operating Expenses |
£44,475
|
£4.81
|
| Total Expenses |
£54,713
|
£5.91
|
| Net Operating Income |
£6,047
|
£0.65
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £60,760 |
| Annual Per sq ft | £6.57 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £60,760 |
| Annual Per sq ft | £6.57 |
| Taxes | |
|---|---|
| Annual | £10,238 |
| Annual Per sq ft | £1.11 |
| Operating Expenses | |
|---|---|
| Annual | £44,475 |
| Annual Per sq ft | £4.81 |
| Total Expenses | |
|---|---|
| Annual | £54,713 |
| Annual Per sq ft | £5.91 |
| Net Operating Income | |
|---|---|
| Annual | £6,047 |
| Annual Per sq ft | £0.65 |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Property Size
9,255 sq ft
Costar Property Class
C
Year Built/Renovated
1916/2005
Price
£1,037,302
Price per sq ft
£112.08
Yield
1.60%
NOI
£16,597
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.77
Total Plot Size
0.12 ac
Use Class
Commercial
Parking
10 Spaces (1.08 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Corner Lot
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Glt Signs Solutions Inc
- Manufacturing
- -
- -
- -
- -
- I've Been Framed
- Retailer
- -
- -
- -
- -
- Jessica Mccoy Photography
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Martinez Community Foundation
- Service type
- -
- -
- -
- -
- Performance Medical Group
- Wholesaler
- -
- £12.00
- Full Service
- Oct 2010
- Property Managers Inc
- Real Estate
- -
- £10.22
- Full Service
- Jan 2011
- Sweetwater Landscaping
- Service type
- -
- -
- -
- -
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Glt Signs Solutions Inc | Manufacturing | - | - | - | - | |
| I've Been Framed | Retailer | - | - | - | - | |
| Jessica Mccoy Photography | Professional, Scientific, and Technical Services | - | - | - | - | |
| Martinez Community Foundation | Service type | - | - | - | - | |
| Performance Medical Group | Wholesaler | - | £12.00 | Full Service | Oct 2010 | |
| Property Managers Inc | Real Estate | - | £10.22 | Full Service | Jan 2011 | |
| Sweetwater Landscaping | Service type | - | - | - | - |
Walk Score®
Excellent pedestrian access (91)
Bike Score®
Good for cycling (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 373-172-003-7 | Total Assessment | £841,716 (2025) |
| Land Assessment | £154,912 (2025) | Annual Taxes | £10,238 (£1.11/sq ft) |
| Improvements Assessment | £686,804 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
373-172-003-7
Land Assessment
£154,912 (2025)
Improvements Assessment
£686,804 (2025)
Total Assessment
£841,716 (2025)
Annual Taxes
£10,238 (£1.11/sq ft)
Tax Year
2024
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411-413 Ferry St
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