Sold
1314 Lincoln Avenue
San Rafael CA, 94901
$1,200,000
$421.94 per sqft
Sold
2,844 sqft
Commercial
Built in 1955
Two story wood frame building, constructed in 1955, 12+ car parking, circular front drive is ideal for pick up and drop off. Central location is just blocks from Downtown San Rafael restaurants and shops. Easy access to Highway 101 and public transportation center. Zoned Residential/Office (R/O). Zoning allows office, medical, some retail, multi unit residential and mixed use. 8100 square foot lot. Two full floor offices with front and rear entries. Fair Housing,first floor tenant has 3 years remaining on lease, rent is $3,402 monthly with annual increases. Aesclepion Church, top floor tenant, has one year remaining on lease and would consider vacating at close of escrow. Rent is $2887 monthly. Tenants pay all utilities, each tenant has 6 car parking and each office has two half baths.Heat is provided by forced air gas furnace. Both offices have window air conditioning. Upper office also has central air conditioning. $75,468 estimated Gross Annual Income. 4.2 Cap
321055475
MLSⓇ ID
February 15, 2024
Updated
Map
1314 Lincoln Avenue
San Rafael CA, 94901
Interior Features
Total Stories
2
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s), Individual Air, Central Air
Heating
Yes
Heating Description
Natural Gas, Central
Exterior/Building Features
Lot Size
0.19 Acres
Lot Features
Shopping Nearby, Restaurant Nearby, Near Public Transit, Neighborhood, Light Rail Nearby, Freeway Nearby
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
San Rafael
Garage
No
Parking
Uncovered, Private, Open
Parking Total
12
View
No
County
Marin
Water Source
Public
Pool
No
Bought with Compass with John Wright and Listed by Steven D Zakula (DRE #DRE #00548691) with Compass
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 2/15/2024.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeffrey Marples shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 9:15 PM UTC, 2/15/2024