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Rebecca Brooks

rebeccabrooks@epique.me +1(415) 717-8398

Listed by Dimitri Rigopoulos Vanguard Properties

$1,298,000

Est. payment - /mo

3,250 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $399

MLS Listing ID 326052192

HOA Y/N No

Year Built 1949

Lot Size 3,999 Sqft

Acres 0.0918

Property Sub-Type Retail

Property Description

An Exceptional Investment Opportunity in the heart of San Rafael's highly desirable Miracle Mile corridor. Located at 2018-2020 4th Street, this well-maintained commercial property is comprised of three individual retail storefront condominiums and is now fully leased, providing immediate and stable cash flow. Generating approximately $79,000 in annual net operating income with an attractive 6.1 Cap Rate, this property presents a compelling opportunity for investors seeking dependable income in one of Marin County's most established commercial districts. Positioned along the vibrant 4th Street corridor, the property benefits from outstanding visibility, strong vehicle and pedestrian traffic, and close proximity to Downtown San Rafael, local dining, shopping, and neighboring communities.

Location

State CA

County Marin

Area San Rafael

Zoning Commercialnec

Interior

Cooling Central Air

Flooring Concrete

Fireplace No

Window Features Display Window(s)

Exterior

Utilities Available Underground Utilities, Sewer Connected

Total Parking Spaces 3

Building

Lot Description City Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 01028217

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Listing Terms Submit

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Rebecca Brooks

+1(415) 717-8398

Broker Associate/Area Leader/Ambassador | License ID: 1249870

Broker Associate/Area Leader/Ambassador License ID: 1249870

2018 4th ST San Rafael, CA 94901

Rebecca Brooks

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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2018 4th ST