San Rafael, CA 94901,1240 4th Street
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San Rafael, CA 94901,1240 4th Street
San Rafael, CA 94901,1240 4th Street
San Rafael, CA 94901,1240 4th Street
San Rafael, CA 94901,1240 4th Street
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Listed by Neel Bhatia • Coldwell Banker Realty
$ 4,500,000
Est. payment /mo
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Active

1240 4th Street San Rafael, CA 94901

10,894 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,894 sqft

Price per Sqft $413

MLS Listing ID ML82002642

HOA Y/N No

Year Built 1893

Lot Size 8,956 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

PRICE REDUCED! First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.77% CAP/11.6 GRM! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!

Location

State CA

County Marin

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Handicap Access Other


Bay East Association of Realtors
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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