869 4th St

869 4th St , San Rafael, California, 94901 | 4,256 sq.f | $ 1,680,000

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About This Restaurant

Investment Highlights

Heavy foot traffic in prime location. Available now! Flexibility in space for multiple use.

Executive Summary

PRICE REDUCTION! Great opportunity for any business owner or investor: 3-unit live/work property in prime San Rafael location along Fourth Street. The ground level is the former home of Italian restaurant, Il Gusto, now being delivered vacant and ready for the next eatery to set up shop. Upstairs unit is a modern 2BR/1BA live/work loft with stainless steel appliances, granite countertops and custom cabinetry in the kitchen. Spacious open living spaces with hardwood floors and high open ceilings are found throughout for a modern industrial look. Both room/office spaces are open and inviting with plenty of natural light and outfitted with California Closets. In-unit washer + dryer and outdoor patio space also included. Third unit is a 1BR/1BA apartment with a stone-front fa?ade, full kitchen, in-unit washer + dryer, and outdoor patio space. Hardwood floors, double-pane windows, and high ceilings featured throughout. Located in the heart of San Rafael's historic Downtown area, with a Walk Score of 98

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,256
  • Building Class    C
  • Year Built    1930
  • Price    1,680,000
  • Price Per SF    395
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.63
  • Land Acres    0.06 AC

Nearby Amenities & Transportation

Retail Safeway
Retail Starbucks
Retail Sprouts Farmers Market
Retail Jazzercise
Retail Citi
Retail First Republic Bank
Retail Mechanics Bank
Retail Mr. Pickle's Sandwich Shop
Retail Pacific Premier Bank
Retail Bank of America

Property Taxes

Parcel Number 011-271-06 Improvements Assessment $924,120
Land Assessment $577,575 Total Assessment $1,501,695
Date Created: 2024-07-16 04:09:24 Last Updated: 2024-07-16 04:09:24
Address: 869 4th St , San Rafael, California, 94901