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

October 2, 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:  

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 Bay Area Real Estate Information Services, Inc. all rights reserved.

 

Powered byLuxury Presence