Oak Manor Retail Center

$4,200,000

2400 - 2416 Sir Francis Drake Blvd, Fairfax, CA 94930

For Sale

Retail Street Retail

Active

Last Updated: 08/25/2026

Details:

Cap Rate: 4.2%

NOI: $176,000

Building Size: 8,617 sqft

Lot Area: 1.5776 acres

Occupancy: 100%

Units: 7

Year Built: 1965

Floors: 1

Offered by

Gary Gustafson

Managing Director

SVN | MG Property Advisors

#00414569

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Highlights:

STRENGTHS: LOCATION - LOCATION - LOCATION
ON MAJOR EAST/WEST ARTERY TO WEST MARIN / PT. REYES NATIONAL SEASHORE
WEAKNESS: AGE OF BUILDINGS , LOW RENTS, SHORT TERM LEASES
OPPORTUNITIES: DEVELOPMENT POTENTIAL to ADD TO OR REBUILD as MIXED USE PROJECT
THREATS: LITERALLY NONE

Description:

Introducing a prime investment opportunity centrally located in Fairfax, CA. This property features two legal parcels with a combined land area of over 68,000 square feet and with 7 long term tenants, all currently enjoying full occupancy, ensuring immediate income potential for investors. Built in 1965, the building's classic design and established presence offer a timeless appeal. Zoned C1-HOD, it provides a versatile space for a wide range of retail and street retail ventures, making it an ideal choice for those looking to capitalize on the thriving Fairfax market. With its strong rental history and proximity to local amenities, this property is a compelling option for investors seeking a secure and profitable addition to their portfolio.

Oak Manor Center (often called Oak Manor Shopping Center) is located at 2400–2410 Sir Francis Drake Boulevard, Fairfax, CA 94930. It is a 1.56-acre neighborhood retail strip built in 1965, situated along a major thoroughfare with steady local community foot traffic near the Oak Manor residential neighborhood.Property and Location DetailsAddress: 2400-2410 Sir Francis Drake Blvd, Fairfax, CA 94930Size: Approximately 6,685 square feet of retail space on a 1.56-acre lotDesign/Layout: Mid-century commercial layout built in 1965 featuring multi-tenant street-retail storefronts and on-site parking.Surroundings: Positioned near local residential pockets, close to Manor Elementary School and a short distance from the natural backdrop of the Cascade Canyon Open Space Preserve.

LOCATED ON A SIGNALIZED INTERSECTION.
ZONED C1-HOD. A C1:HOD zoning designation in Marin County combines a C1 (Retail Business) underlying commercial zone with an HOD (Housing Overlay Designation) combining district. This classification permits retail and local shopping uses while overlaying provisions to encourage and streamline multi-family or workforce housing development on underutilized commercial parcels.

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Natural Gas