813 A St
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813 A St
14,000 SF 100% Leased Retail Building San Rafael, CA 94901 £1,560,191 (£111/SF)
Executive Summary
Keegan & Coppin Company, Inc. is pleased to offer for sale a mixed-use investment property located in the heart of downtown San Rafael.
Originally constructed in 1950, 813 A Street is a two-story concrete commercial building featuring 2 ground floor spaces and a second, light filled atrium style floor with several individual office suites.
The major tenant is Community Media Center of Marin occupying slightly less than one half of the ground floor and a couple small office suites on the second floor. The remaining leased spaces are rented on a month-to-month basis.
Benefiting from a prime downtown location with easy freeway access, this offering represents an opportunity for an investor to purchase a stable asset with consistent cash flow at well below replacement cost. The favorable zoning can provide for possible future redevelopment or repositioning.
• Prime downtown San Rafael
• Compelling offering price
• T5N 50/70 zoning
• Stable multi-tenant configuration
Originally constructed in 1950, 813 A Street is a two-story concrete commercial building featuring 2 ground floor spaces and a second, light filled atrium style floor with several individual office suites.
The major tenant is Community Media Center of Marin occupying slightly less than one half of the ground floor and a couple small office suites on the second floor. The remaining leased spaces are rented on a month-to-month basis.
Benefiting from a prime downtown location with easy freeway access, this offering represents an opportunity for an investor to purchase a stable asset with consistent cash flow at well below replacement cost. The favorable zoning can provide for possible future redevelopment or repositioning.
• Prime downtown San Rafael
• Compelling offering price
• T5N 50/70 zoning
• Stable multi-tenant configuration
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,000 SF
Building Class
B
Year Built
1950
Price
£1,560,191
Price Per SF
£111
Percent Leased
100%
Number of Floors
1
Zoning
TSN 50/70 - Mixed use zoning and development
Amenities
- Storage Space
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 011-262-06 | Improvements Assessment | £293,076 |
| Land Assessment | £80,432 | Total Assessment | £373,508 |
PROPERTY TAXES
Parcel Number
011-262-06
Land Assessment
£80,432
Improvements Assessment
£293,076
Total Assessment
£373,508
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813 A St
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