Downtown Retail For Sale in San Rafael

Investment Overview

This multi-tenant building is located in downtown San Rafael just east of San Rafael’s West End neighborhood. The building is 6,685 square feet of retail space currently built-out for 4 tenant spaces. The property is situated on a 6,750-square-foot lot located on the northeast corner of 4th Street and F Street. San Rafael is the county seat of Marin County and is its largest city. It is 17 miles north of San Francisco near the junction of Interstate I-580 and US Hwy 101. Downtown San Rafael is a center for business, the arts, entertainment, culture, and county-wide special events. development in the ever-evolving downtown San Rafael including the 140-room AC Marriot Hotel and a major expansion of the BioMarin campus. Demographics for San Rafael show the median household income of $126,000+ and the price of single-family homes averaging $1,200,000. The property has a daily traffic count of 22500 1566 4th Street is leased to Red Hill Pet and 1574 4th Street is leased to The Kitchen Table (a restaurant). 1570 4th Street (formerly occupied by a martial arts studio) and 100 F Street (formerly occupied by Doc Guthrie Sign Co) is vacant and presents an opportunity for increased rental income for a new owner. The property is cash-flowing and has the potential to generate significant income for a new owner.

Investment Highlights

• 3 Retail Units and 2,320 SF of Flexible Commercial Space
• Great exposure to the 4th Street Retail corridor with above-average foot traffic
• Excellent Demographics – 144,009 People and AHHI of $122,696 with Home Values Averaging $1.2M
• Location benefits from convenient public transit access, which includes proximity to SMART Train Station and public parking options
• A combination of a variety of complimentary next-door businesses and a Daily Traffic Count of 22,500 VPD provides a high desirability