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31220632

24 Professional Center Pkwy, San Rafael, CA 94903 For Sale

OV
CA DRE 02067848
PAcWest CRE Group
Listed by PAcWest CRE Group
$2,400,000
117 days on market
Updated 23 days ago

Professional Office Building Premier San Rafael Location

Details
APN 155-071-24
Property Type Office
Sub Type Creative Office, Medical Office (+1)
Square Footage 14,876
Occupancy 40%
Price per SqFt $161
Broker Co-Op Yes
Class B
Year Built 1982
Buildings 1
Stories 3
Lot Size (SqFt) 42,039
Zoning O
Parking Spaces 46 spaces
Parking per 1,000 SqFt 3.09
Investment Type Value Add

Office | 14,876 SqFt

Marketing description

Pacific West Advisory Group is pleased to present 24 Professional Center Parkway, a well-maintained, two-story Class B office building totaling 14,876 square feet situated on two parcels comprising 40,725 square feet in the heart of North San Rafael's established professional corridor.

Zoned Office (O) by the City of San Rafael, the property accommodates a wide range of uses including medical, and is currently occupied by a diverse mix of professional tenants including law firms, medical offices, a software company, and an upscale specialty salon — providing stable in-place income with flexibility for future repositioning or owner occupancy.

All four elevations feature exterior siding constructed of redwood, a premium and naturally durable material highly resistant to decay and dry rot, well-suited to Marin County's climate and offering long-term performance with reduced exterior maintenance concerns. The elevator-served building includes 36 on-site parking spaces, 10 of which are covered.

Positioned with immediate access to U.S. Route 101 in both directions and located approximately one mile north of the iconic Marin County Civic Center, the property benefits from exceptional regional connectivity — approximately 25–30 minutes to San Francisco via the Golden Gate Bridge. The surrounding area is home to established medical, legal, and financial service providers, and the property sits directly across from the planned Northgate Town Square, a major mixed-use residential and retail redevelopment that is expected to significantly strengthen long-term demand in the corridor.

Located within Marin County's desirable suburban office market, the property serves a trade area with an average household income exceeding $137,000 within 0.3 miles and an average home value surpassing $731,000. This offering represents a compelling opportunity for an owner-user, nonprofit organization, or investor seeking a strategic Marin County foothold with strong demographics, immediate highway access, and meaningful long-term upside.

Investment highlights

14,876 SF two-story Class B office building on two contiguous parcels totaling 42,039 SF — zoned Office (O), City of San Rafael, permitting medical and professional uses

Stabilized, diverse tenant mix including law firms, medical practices, a software company, and an upscale specialty salon providing stable in-place cash flow with upside potential

Elevator-served building with 36 on-site parking spaces (10 covered), covered patio, carport, and balcony across three levels: Lower (495 SF) | Main (7,308 SF) | Upper (6,400 SF)

All-redwood exterior siding on all four elevations — naturally durable, decay-resistant, and low maintenance, well-suited to Marin County's climate

Immediate access to U.S. Route 101 in both directions — approximately 25–30 minutes to San Francisco via the Golden Gate Bridge, one mile north of the Marin County Civic Center

Directly across Highway 101 from the planned Northgate Town Square — a major mixed-use residential and retail redevelopment serving as a significant long-term demand catalyst for the corridor

Premier Marin County submarket with average household income of $143,490 and average home value exceeding $1,000,000 within a 1-mile radius — ideal for owner-user, nonprofit, or investment acquisition

Listing Contacts

OV
CA DRE 02067848
PAcWest CRE Group
Listed by PAcWest CRE Group

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Additional Information

Name
Oleg Verbitski
License
DRE 02067848
Brokerage
Engel & Völkers Commercial San Francisco
Brokerage Phone
4152363767
Brokerage Address
2044 Union Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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