4th
san rafael, CA 94901$4,750,000
INTERESTED? LET'S CONNECT
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 5.5% CAP Offering with Upcoming & Allowable Increases in 2025 Allowing for Immediate Upside! 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!
Details
10,894 Sq Ft
0.205 Private Acres Exterior Space
Investment
Built in 1893
MLS/Listing ID ML82002642
Amenities & Features
Heating - Other
Parking - On Street
Shingle
Listing Courtesy of COLDWELL BANKER REALTY, NEEL BHATIA - 408-828-4024

Source of Data: MLSLISTINGS