1417 4th St - Storefront FOR SALE


San Rafael, CA 94901
$3,250,000 USD
415-755-3527
1417 4th St, San Rafael, CA for Sale
$3,250,000 USD
Storefront - FOR SALE
1/22
null | 3.89% Cap Rate

1417 4th St
San Rafael, CA 94901


HIGHLIGHTS

  • 4 parcels included
  • 100% leased asset
  • Large parking lot

OVERVIEW

With a total of 4 parcels, this is ideal for a redevelopment opportunity while a stable stream of income ensues during the planning process. This 9,163 SF building, featuring 6 units, is a well-maintained asset with 100% occupancy, providing immediate, stable returns. Built in 1959 zoned T4MS50/70, this property offers a solid foundation for a variety of retail ventures. Boasting a private parking lot, it delivers convenience and accessibility for both tenants and customers. This centrally located property presents an unparalleled chance for a retail/street retail investor seeking a fully leased, income-producing asset with a motivated seller.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$691 USD /SF

CAP RATE

3.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,852 SF

ZONING

T4MS 50/70

APN/PARCEL ID

011-251-03,011-251-05,011-251-06,011-251-08

ASK ABOUT THIS PROPERTY

Julie SommerSVN | MG Property Advisors, Inc.More Info
415-755-3527

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Julie SommerSVN | MG Property Advisors, Inc.More Info
415-755-3527

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.