San Rafael, CA 94901,1240 4th ST
San Rafael, CA 94901,1240 4th ST
San Rafael, CA 94901,1240 4th ST
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Neel Bhatia • Coldwell Banker Realty
$4,500,000
Est. payment /mo
10,894 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,894 sqft

Price per Sqft $413

MLS Listing ID ML82002642

Year Built 1893

Lot Size 8,956 Sqft

Property Sub-Type Five or More Units

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

Area San Rafael

Zoning R3

Interior

Heating Other

Cooling None

Exterior

Parking Features On Street

Utilities Available Public Utilities

Roof Type Shingle

Building

Foundation Concrete Perimeter

Sewer Sewer Connected

Water Public

Others

Restrictions None

Tax ID 011-212-17

Security Features None

Special Listing Condition Not Applicable

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Nearby Schools and Businesses

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Adaline E. Kent Middle School

    Public | 5 - 8

  • 9

    Brookside Elementary School

    Public | KG - 5

  • 9

    Wade Thomas Elementary School

    Public | KG - 5

  • 9

    Ross Elementary School

    Public | KG - 8

  • 9

    Sun Valley Elementary School

    Public | KG - 5

  • 8

    Hidden Valley Elementary School

    Public | KG - 5

  • 8

    Vallecito Elementary School

    Public | KG - 5

  • 8

    Hall Middle School

    Public | 5 - 8

  • 8

    Neil Cummins Elementary School

    Public | KG - 4

  • 7

    Anthony G. Bacich Elementary School

    Public | KG - 4

  • 5

    Laurel Dell Elementary School

    Public | KG - 5

  • 5

    Coleman Elementary School

    Public | KG - 5

  • 4

    Marin County Special Education

    Public | KG - 12

  • 4

    Venetia Valley Elementary School

    Public | KG - 8

  • 3

    Short Elementary School

    Public | KG - 2

  • 1

    Bahia Vista Elementary School

    Public | KG - 5

  • 1

    San Pedro Elementary School

    Public | KG - 5

  • 0

    San Anselmo Montessori School

    Private | PK - KG

  • 0

    St Anselm School

    Private | 1 - 8

  • 0

    Irine M Hunt School of Marin

    Private | 1 - 12

Middle Schools 3
  • 5

    James B. Davidson Middle School

    Public | 6 - 8

  • 0

    Real School

    Private | 7 - 8

  • 0

    Marin County Community

    Public | 6 - 12

High Schools 13
  • 10

    Redwood High School

    Public | 9 - 12

  • 9

    Tamiscal High (Alternative)

    Public | 9 - 12

  • 8

    Sir Francis Drake High School

    Public | 9 - 12

  • 7

    Terra Linda High School

    Public | 9 - 12

  • 6

    San Rafael High School

    Public | 9 - 12

  • 0

    The Branson School

    Private | 9 - 12

  • 0

    Marin County Regional Occupational Program

    Public | 9 - 12

  • 0

    Marin Catholic High School

    Private | 9 - 12

  • 0

    Marin Academy

    Private | 9 - 12

  • 0

    The Marin School

    Private | 9 - 12

  • 0

    Phoenix Academy

    Public | 9 - 12

  • 0

    San Andreas High (Continuation)

    Public | 10 - 12

  • 0

    Madrone High Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Eric Chu
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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1240 4th ST