901-907 4th St - Restaurant FOR SALE


San Rafael, CA 94901- Downtown San Rafael
$3,900,000 USD
415-203-9859
901-907 4th St, San Rafael, CA for Sale
$3,900,000 USD
Restaurant - FOR SALE
1/32
null | 6.75% Cap Rate

901-907 4th St
San Rafael, CA 94901
Downtown San Rafael


HIGHLIGHTS

  • Prime Downtown San Rafael Location
  • Well-Maintained Building
  • Fully Leased Mixed Use

OVERVIEW

Available for the first time in over 20 years, this fully leased mixed-use property comprised of two buildings represents an opportunity for an investor to acquire a cornerstone property in the downtown Fourth Street corridor. The property is adjacent to a municipal parking lot, and at the epicenter of the vibrant downtown core. Tenancies are stable, with an architecture firm occupying the second floor, and a mix of retail tenants on the ground floor, including a new and highly acclaimed Neapolitan pizzeria, a boutique coworking facility, and two smaller retail tenants who have been in place for decades. Building systems were extensively upgraded in 2017, with the construction of modern restaurant infrastructure. The property has been maintained to the highest standard since the sellers’ ownership of the property. Its location, quality and charm ensure the long term stability of the asset.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$336 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

T4MS 60/80

APN/PARCEL ID

011-263-11

ASK ABOUT THIS PROPERTY

Vesa BecamKeegan & Coppin Company, Inc.More Info
415-203-9859

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

Vesa BecamKeegan & Coppin Company, Inc.More Info
415-203-9859

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