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34453812

902 Lincoln Avenue, San Rafael, CA 94901 For Sale

TG
CA 01183117
Compass
Listed by Compass
$1,899,000
2 days on market
Updated 2 days ago

Central Downtown San Rafael Building

Details
APN 011-275-10
Property Type Retail, Mixed Use
Sub Type Convenience Store, Storefront
Square Footage 3,000
Units 1
Lease Type Gross
Class A
Year Built 1955
Buildings 1
Lot Size (SqFt) 3,120
Parking Spaces 11 spaces
Parking per 1,000 SqFt 3.67
Investment Type Owner/User
Ground Lease No

Subdivided Into Two 1500+ sq/ft Each

Marketing description

This building was built in 1955 and is currently housing the owners established business now in 50% of the overall space. His plans are to vacate altogether or stay and lease out his space at market rent. The building can be easily reduced back to its original large space. A very well maintained property on the corner of 3rd St and Lincoln Ave. which makes it ideal for those businesses requiring a high street presence. Tons of street traffic and closeness to the Light Rail train along with lots of eateries.

The property has been recently painted inside and out and is willing to have the new business name above the door(s). Private bathrooms for each space along with office space and storage helps complete the well laid out square footage. A total of 11 parking spaces located in the front of the building...The parking lot behind the building is a separate property and is currently for sale by another Broker.

Investment highlights

Rare opportunity to own a piece of Downtown San Rafael commercial property with private parking spaces. It can be developed by expansion upwards or taking part of the parking lot. Seller has subdivided part of the building making each space approximately 1500 sq/ft each & will lease it. He is willing to stay and lease his space or vacate. Parking is at a premium and these 11 spaces are worth their weight-in-gold. The train station is just a couple blocks away.

Listing Contacts

TG
CA 01183117
Compass
Listed by Compass

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