820 5th Avenue

Description

Prime Downtown San Rafael commercial Income Property...Rare opportunity to acquire a well-maintained 4-unit commercial investment property in the heart of downtown San Rafael. Ideally located near shops, restaurants, professional services, and public transportation, this property offers strong income-producing potential in a highly desirable market. The building consists of four separately occupied units, each featuring three private offices, a reception area, private restroom, and storage space. Flexible floor plans accommodate a variety of professional, medical, administrative, and service-oriented uses.A significant asset is the ample on-site parking, with 12 dedicated off-street spaces (three per unit), providing a valuable amenity for tenants and clients in a downtown location.Recent improvements include a newer roof and freshly painted exterior, contributing to the property's overall condition and reducing anticipated maintenance expenses. Currently occupied by a diverse tenant mix, the property offers immediate cash flow with the benefit of multiple income streams. Investors may also wish to explore the potential for future redevelopment or conversion opportunities back to residential back to residential for 4 Plex, subject to independent verification with the City