Redevelopment Opportunity! 4 parcels included. Steady revenue during entitlement process.

Highlights:

• Versatile space for various retail ventures and development opportunity
• 9,163 SF building with 6 units on 4 parcels
• Centrally located in San Rafael
• 100% occupancy with stable income
• Private parking lot for convenience
• Excellent visibility for retail businesses

Description:

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 and zoned T4MS 50/70, 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.

Located in the heart of San Rafael, 1417 4th Street offers a prime location for retail investment. The area is known for its vibrant and diverse community, with a bustling mix of shops, restaurants, and entertainment venues. Just steps away from the property, prospective retail investors will find themselves immersed in the dynamic local culture. Just blocks from SMAT and the San Rafael Transit Center.

Nearby points of interest include the vibrant farmers' market, the Public Library and the historic Mission San Rafael Arcángel. This thriving district presents an exciting opportunity for retail and street retail investors looking to become part of a lively and growing community.

Located on 4 parcels, 011-251-03, 05, 06 & 08 in Central San Rafael with the front of the building located on 4th Street and a large parking lot with access from D street and 3rd Street. Please refer to the Site Map for more details.

Documents: