1344 4Th StSan Rafael, CA 94901

  • Retail properties
  • 3,958 SF
For Sale
$1,350,000 View listing

Property Details for 1344 4Th St

Year built
1904
Property size (Sq ft)
3,958 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional San Rafael investment opportunity presents a beautifully preserved 1904 two-story building at 1344 4th St, boasting 3,958 square feet of total space and 3,600 square feet of net rentable area. The property is zoned T4MS 60/80 and offers a compelling blend of retail and executive office space. The ground floor is fully leased as retail, generating strong income. Upstairs, eight private offices with high ceilings are currently occupied by a thriving community of therapists and other professionals. This owner/user opportunity provides a solid 6.37% cap rate, with a current Net Operating Income (NOI) of $86,018.47, making it an attractive investment. The asking price is $1,350,000. Conveniently located in Marin County, the property includes six designated parking spaces, a significant advantage in this desirable area. The building's historic character and strong tenant base combine to create a rare and valuable asset in the vibrant San Rafael market. This property is ideal for an owner-user seeking a combination of income-generating retail space and high-quality office accommodations, or for an investor looking for a strong return on investment in a prime location. The property's address is 1344 4th St, San Rafael, CA 94901, APN 011-205-13.

1344 4Th St, San Rafael, California

Location Insight

City
San Rafael
County
Marin
State
California
Latitude
37.9736
Longitude
-122.532

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