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700 E Street

San Rafael, CA 94901
  • $1,750,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 324050878
UPDATED: 117 min ago
$1,750,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,680
    SQFT
  • $374
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:
Area:

School Ratings & Info

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.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-15T21:57:45.127.
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700 E Street San Rafael, CA 94901

  • Price: $1,750,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 117 min ago
  • ID#: 324050878
0
Beds
0
Baths
0
½ Baths
0.22
Acres
4,680
SQFT
$374
$/SQFT
1974
Built
Neighborhood:
San Rafael
County:
Marin
Area:
San Rafael
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.
Exterior Features

Construction Materials Wood Foundation Details ConcretePerimeter Lot Features CornerLow MaintenancePrivateSidewalk Parking Features Common Area SharedCoveredPrivateUncovered Parking Total 17 Road Frontage Type City Street Roof Tar/Gravel

Interior Features

Cooling CentralHeat PumpVaries by Unit Floor 0 Flooring CarpetVaries by UnitVinyl Heating CentralHeat PumpNatural GasVaries by Unit

Property Features

Auction No Business Type Other Current Use Office Dock Doors 0 Income Includes Rent Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 97 Load Factor 0 Office Sq Ft 3744 Percent Office 100 Property Condition Exterior-GoodInterior-GoodUpdated/RemodeledVaries by Unit Property Sub Type Office Property Type CommercialSale Retail Sq Ft 0 Sewer Public Sewer Structure Type Detached Tenant Pays Other Utilities Natural Gas ConnectedUnderground Utilities Warehouse Sq Ft 0 Water Source Public Zoning Description T4N 40/50

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Daniel Rogers of Coldwell Banker Realty: 707-527-8567.


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-15T21:57:45.127.
 
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