516-522 3rd St - Office/Residential FOR SALE


San Rafael, CA 94901
$2,900,000 USD
415-461-1010
516-522 3rd St, San Rafael, CA for Sale
$2,900,000 USD
Office/Residential - FOR SALE
1/7
null | Request Cap Rate

516-522 3rd St
San Rafael, CA 94901


HIGHLIGHTS

  • 2010 High Quality Construction
  • Ideal Convenient Location
  • Condominium Project Advantages
  • Four Condominiums (3 Residential/1Commercial)

OVERVIEW

Keegan & Coppin Company is pleased to offer for sale this downtown San Rafael mixed use condominium project. Constructed in 2010 to the highest quality standards, the project includes a single ground floor commercial condominium, and three residential condominiums situated above a grade level parking garage. The commercial condominium has been leased to United Markets’ corporate office since the project was constructed. This lease expires at the end of 2024 and the intention of the seller is to deliver this unit vacant. Three leased residential condominiums are well appointed large studio units. Benefiting from a convenient downtown location near all services and immediate freeway access, this offering represents a unique opportunity for either an investor or owner-user to acquire a modern constructed project with the flexibility associated with a wholly owned existing condominium project.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,741 SF

ZONING

T5N 40/60

APN/PARCEL ID

014-123-30,014-123-31,014-123-32,014-123-33

ASK ABOUT THIS PROPERTY

Matthew StormsKeegan & Coppin Company, Inc.More Info
415-461-1010

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Matthew StormsKeegan & Coppin Company, Inc.More Info
415-461-1010

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