1344 4Th StSan Rafael, CA 94901
- Retail properties
- 3,958 SF
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.
Location Insight
- City
- San Rafael
- County
- Marin
- State
- California
- Latitude
- 37.9736
- Longitude
- -122.532
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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