About This Restaurant
Investment Highlights
Executive Summary
Introducing a rare investment opportunity in downtown San Rafael. A well maintained multi-tenant property featuring retail and restaurant space on the ground floor and office spaces on the second floor. Strategically positioned in the heart of the downtown San Rafael commercial district, this property offers immense potential for an owner-user seeking a versatile space with significant upside for redevelopment.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,596
- Building Class C
- Year Built 1907
- Price 4,900,000
- Price Per SF 423
- Cap Rate 7.89
- NOI 386,750
- Percent Leased 81
- Tenancy Multiple
- Building Height 2 Stories
- Building FAR 1.48
- Land Acres 0.18 AC
Amenities
- Restaurant
- Signage
- Signalized Intersection
Nearby Amenities & Transportation
| Retail | Safeway | ||
| Retail | Starbucks | ||
| Retail | Citi | ||
| Retail | Sprouts Farmers Market | ||
| Retail | Jazzercise | ||
| Retail | Umpqua Bank | ||
| Retail | Mechanics Bank | ||
| Retail | Mr. Pickle's Sandwich Shop | ||
| Retail | Pacific Premier Bank | ||
| Retail | Bank of America |
Property Taxes
| Parcel Number | 011-263-11 | Improvements Assessment | $1,094,519 |
| Land Assessment | $2,575,339 | Total Assessment | $3,669,858 |
| Date Created: | 2024-07-16 04:09:24 | Last Updated: | 2024-07-16 04:09:24 |
| Address: | 901-907 4th St , San Rafael, California, 94901 | ||