2020 4th St - Storefront FOR SALE


San Rafael, CA 94901- West End
$1,298,000 USD
760-272-5451
2020 4th St, San Rafael, CA for Sale
$1,298,000 USD
Storefront - FOR SALE
1/18
null | 6.08% Cap Rate

2020 4th St
San Rafael, CA 94901
West End


HIGHLIGHTS

  • Attractive 6.1% Cap Rate
  • Fully Leased
  • Newer Roof
  • Tastefully Upgraded Throughout
  • Prime Downtown Miracle Mile Location

OVERVIEW

An Exceptional Investment Opportunity in the heart of San Rafael's highly desirable Miracle Mile corridor. Located at 2018-2020 4th Street, this well-maintained commercial property is comprised of three individual retail storefront condominiums and is now fully leased, providing immediate and stable cash flow. Generating approximately $80k in annual net operating income with an attractive 6.1 Cap Rate, this property presents a compelling opportunity for investors seeking dependable income in one of Marin County's most established commercial districts. Positioned along the vibrant 4th Street corridor, the property benefits from outstanding visibility, strong vehicle and pedestrian traffic, and close proximity to Downtown San Rafael, local dining, shopping, and neighboring communities.

FOR SALE DETAILS

PRICE

$1,298,000 USD

PRICE/SF

$399 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

C/O

APN/PARCEL ID

010-282-17

ASK ABOUT THIS PROPERTY

Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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Dimitri RigopoulosVanguard PropertiesMore Info
760-272-5451

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