Active
700 E St
San Rafael CA, 94901
$1,750,000
$373.93 per sqft
Active
4,680 sqft
Commercial
Built in 1974
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.
324050878
MLSⓇ ID
July 1, 2024
Listed
August 23, 2024
Updated
Map
700 E St
San Rafael CA, 94901
Interior Features
Total Stories
2
Floor Description
Carpet, Varies by Unit, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central, Heat Pump, Varies by Unit
Heating
Yes
Heating Description
Central, Heat Pump, Natural Gas, Varies by Unit
Exterior/Building Features
Lot Size
0.22 Acres
Exterior Features
Corner, Low Maintenance, Private, Sidewalk
Lot Features
Corner, Low Maintenance, Private, Sidewalk
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
San Rafael
Garage
No
Parking
Common Area Shared, Covered, Private, Uncovered
Parking Total
17
View
No
County
Marin
Water Source
Public
Pool
No
Listed by Daniel Rogers (02051470) with Coldwell Banker Realty
Listing Contact:
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