700 E ST Active

San Rafael,CA 94901

$ 1750000

- Bed

- Bath

4680 SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $373

MLS Listing ID 324050878

HOA Y/N No

Year Built 1974

Property Description

Welcome to 700 E St, an outstanding investment opportunity in the heart of San Rafael! This prime property is 97% rented, generating an impressive monthly income. Key Features include: Strong Occupancy: With 97% of units rented, this property provides a reliable and steady income. Zoning Advantages: Zoned T4N, this property benefits from a flexible, mixed-use designation that supports redevelopment with a variety of uses within a walkable neighborhood setting. The T4N 40/50 zoning allows for additional uses making it ideal for a creative mixed use future. Strategic Location: Situated within a moderate-intensity, mixed-use neighborhood, within walking distance to neighborhood retail and services. This zone provides a seamless transition between the bustling downtown and a serene neighborhood. Excellent potential as is, excellent potential for redevelopment.

Location

State CA

County Marin

Area San Rafael

Zoning T4N 40/50

Interior

Heating Central,Heat Pump,Natural Gas,Varies by Unit

Cooling Central,Heat Pump,Varies by Unit

Flooring Carpet,Varies by Unit,Vinyl

Exterior

Garage Spaces 17.0

Utilities Available Natural Gas Connected,Underground Utilities

Roof Type Tar/Gravel

Building

Lot Description Corner,Low Maintenance,Private,Sidewalk

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Special Listing Condition Offer As Is

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