San Rafael, CA 94901,1240 4th ST
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San Rafael, CA 94901,1240 4th ST
San Rafael, CA 94901,1240 4th ST
San Rafael, CA 94901,1240 4th ST
San Rafael, CA 94901,1240 4th ST
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$ 4,500,000
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1240 4th ST San Rafael, CA 94901

8,955 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82002642

HOA Y/N No

Year Built 1893

Annual Tax Amount $41,881

Lot Size 8,955 Sqft

Property Description

PRICE REDUCED! First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.77% CAP/11.6 GRM! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!

Location

State CA

County Marin

Area 699 - Not Defined

Zoning R3

Interior

Cooling None

Fireplace No

Exterior

Roof Type Shingle

Building

Water Public

Schools

School District Other

Others

Tax ID 01121217

Special Listing Condition Standard


CRMLS – RECore
Listed by Neel Bhatia Coldwell Banker Realty

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Adaline E. Kent Middle School

    Public | 5 - 8

  • 9

    Brookside Elementary School

    Public | KG - 5

  • 9

    Wade Thomas Elementary School

    Public | KG - 5

  • 9

    Ross Elementary School

    Public | KG - 8

  • 9

    Sun Valley Elementary School

    Public | KG - 5

  • 8

    Hidden Valley Elementary School

    Public | KG - 5

  • 8

    Vallecito Elementary School

    Public | KG - 5

  • 8

    Hall Middle School

    Public | 5 - 8

  • 8

    Neil Cummins Elementary School

    Public | KG - 4

  • 7

    Anthony G. Bacich Elementary School

    Public | KG - 4

  • 5

    Laurel Dell Elementary School

    Public | KG - 5

  • 5

    Coleman Elementary School

    Public | KG - 5

  • 4

    Marin County Special Education

    Public | KG - 12

  • 4

    Venetia Valley Elementary School

    Public | KG - 8

  • 3

    Short Elementary School

    Public | KG - 2

  • 1

    Bahia Vista Elementary School

    Public | KG - 5

  • 1

    San Pedro Elementary School

    Public | KG - 5

  • 0

    San Anselmo Montessori School

    Private | PK - KG

  • 0

    St Anselm School

    Private | 1 - 8

  • 0

    Irine M Hunt School of Marin

    Private | 1 - 12

Middle Schools 3
  • 5

    James B. Davidson Middle School

    Public | 6 - 8

  • 0

    Real School

    Private | 7 - 8

  • 0

    Marin County Community

    Public | 6 - 12

High Schools 13
  • 10

    Redwood High School

    Public | 9 - 12

  • 9

    Tamiscal High (Alternative)

    Public | 9 - 12

  • 8

    Sir Francis Drake High School

    Public | 9 - 12

  • 7

    Terra Linda High School

    Public | 9 - 12

  • 6

    San Rafael High School

    Public | 9 - 12

  • 0

    The Branson School

    Private | 9 - 12

  • 0

    Marin County Regional Occupational Program

    Public | 9 - 12

  • 0

    Marin Catholic High School

    Private | 9 - 12

  • 0

    Marin Academy

    Private | 9 - 12

  • 0

    The Marin School

    Private | 9 - 12

  • 0

    Phoenix Academy

    Public | 9 - 12

  • 0

    San Andreas High (Continuation)

    Public | 10 - 12

  • 0

    Madrone High Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Laura A Clinton

Laura A Clinton

Agent | License ID: 02135140

+1(949) 228-2554

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1240 4th ST