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.

©2024 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 9:15 PM UTC, 2/15/2024

Powered byLuxury Presence