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1417 4th St

9,163 SF 100% Leased Retail Building San Rafael, CA 94901 £2,381,899 (£260/SF) 4.59% Net Initial Yield

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INVESTMENT HIGHLIGHTS

4 parcels included
Large parking lot

100% leased asset

EXECUTIVE SUMMARY

With a total of 4 parcels, this is ideal for a redevelopment opportunity while a stable stream of income ensues during the planning process. This 9,163 SF building, featuring 6 units, is a well-maintained asset with 100% occupancy, providing immediate, stable returns. Built in 1959
zoned T4MS50/70, this property offers a solid foundation for a variety of retail ventures. Boasting a private parking lot, it delivers convenience and accessibility for both tenants and customers. This centrally located property presents an unparalleled chance for a retail/street retail investor seeking a fully leased, income-producing asset with a motivated seller.

OM 1417 4th St SR 2.2025

Offering Memorandum

PROPERTY FACTS

Sale Type

Investment or Owner User

Sale Condition

Development Sale

Property Type

Retail

Property Subtype

Storefront

Building Size

9,163 SF

Building Class

Year Built

1958

Price

£2,381,899

Price Per SF

£260

Net Initial Yield

4.59%

NOI

£109,255

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.44

Lot Size

0.48 AC

Zoning

T4MS 50/70 - T4MS 50/70 - pls see list if Permitted Uses

Frontage

61 ft on 4th St

AMENITIES

Signage

1 of 1

MAP
TRAFFIC

Walk Score®

Walker's Paradise (98)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 011-251-03 011-251-06 011-251-05 011-251-08	Improvements Assessment	£566,480
Land Assessment	£477,759	Total Assessment	£1,044,239