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Listed by Daniel Rogers • Coldwell Banker Realty
$ 1,750,000
Est. payment | /mo
4,680 SqFt
$ 1,750,000
Est. payment | /mo
4,680 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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Shari Lorenz
Lic# 01468549