826-832 B St - Storefront Retail/Residential FOR SALE


San Rafael, CA 94901- Downtown San Rafael
$1,800,000 USD
415-461-1010
826-832 B St, San Rafael, CA for Sale
$1,800,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

826-832 B St
San Rafael, CA 94901
Downtown San Rafael


OVERVIEW

Keegan & Coppin Company, Inc. is pleased to offer for sale a mixed-use investment property located in the heart of downtown San Rafael. Commonly referred to as Hotel Carmel, 826-832 is a classic mixed-use building originally constructed around 1890 as a large residence then extensively remodeled and expanded around 1936 as a rooming house with retail store space on the ground floor. The major tenant is Homeward Bound who operates in most of the building as the Voyager Carmel Center, providing (per their website) 36 residential rooms, of which 26 rooms provide long-term supportive housing and 10 rooms for shelter services. Homeward Bound currently intends on vacating the property at the expiration of the lease. The three other tenants occupy spaces on the ground floor. They include Sunrise Home, a small beauty salon and a private design office. • Mixed-use residential • Prime downtown San Rafael location • Compelling offering price

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

T4MS 50/70

APN/PARCEL ID

011-262-16

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.