820 5th Ave - Office FOR SALE


San Rafael, CA 94901- Downtown San Rafael
$1,350,000 USD
415-279-1184
820 5th Ave, San Rafael, CA for Sale
$1,350,000 USD
Office - FOR SALE
1/15
null | 5% Cap Rate

820 5th Ave
San Rafael, CA 94901
Downtown San Rafael


HIGHLIGHTS

  • Each unit includes three private offices, a reception area, private restroom, and storage space.
  • Twelve dedicated off-street parking spaces support tenant and visitor convenience.
  • Recent improvements include a newer roof and freshly painted exterior.
  • Downtown San Rafael location offers access to restaurants, retail services, professional offices, and public transportation.
  • Flexible floor plans accommodate professional, medical, administrative, and service-oriented tenants.

OVERVIEW

Prime Downtown San Rafael commercial Income Property...Rare opportunity to acquire a well-maintained 4-unit commercial investment property in the heart of downtown San Rafael. Ideally located near shops, restaurants, professional services, and public transportation, this property offers strong income-producing potential in a highly desirable market. The building consists of four separately occupied units, each featuring three private offices, a reception area, private restroom, and storage space. Flexible floor plans accommodate a variety of professional, medical, administrative, and service-oriented uses.A significant asset is the ample on-site parking, with 12 dedicated off-street spaces (three per unit), providing a valuable amenity for tenants and clients in a downtown location.Recent improvements include a newer roof and freshly painted exterior, contributing to the property's overall condition and reducing anticipated maintenance expenses. Currently occupied by a diverse tenant mix, the property offers immediate cash flow with the benefit of multiple income streams. Investors may also wish to explore the potential for future redevelopment or conversion opportunities back to residential back to residential for 4 Plex, subject to independent verification with the City

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$356 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R/O-D, San Rafael

APN/PARCEL ID

011-223-06

ASK ABOUT THIS PROPERTY

Joseph DibonoEstate Realty CaliforniaMore Info
415-279-1184

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Joseph DibonoEstate Realty CaliforniaMore Info
415-279-1184

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