Courtesy: Jefrey Henderson, Broker
408-453-7461
129-137 Canal St Apartments (the Property) comprised of 40 market rate units in San Rafael, California. Situated at the southern end of the North Bay, the Property provides residents convenient access to surrounding job-rich & high salaried communities in Marin County and San Francisco County. 129- 137 Canal offers attractive high in-place yields with the opportunity to increase rents Day 1 and capture a near 6% cap rate. Upon unit turnovers, strategic renovations of the 900 SF 2x1 floorplans can achieve +/- $3,200 market rents, increasing NOI by another $144,000 or 10.3%. Current ownership does not implement RUBS, allowing prospective buyers potentially $64k in future utility reimbursements annually. 129 Canal (0.57AC) and 137 Canal (0.58AC) are on separate APNs and have potential space for ADU development.
This mixed-use building is part of the historic charm of the West End of 4th. St. in San Rafael. Street level commercial space is aprox. 1100 sq. ft. It has been home to well-established businesses and is currently an Art Studio. Upstairs residential unit is a 2 bdrm, 1 ba. with high ceilings and period details. Extra room for home office/den. Several spaces for parking in back lot. Newer HVAC system. Area has lit-up nighttime charm and outdoor dining nearby.
$46,000 Price Adjustment! Now the best value in San Rafael. Must see this beautiful, well-maintained, Queen Anne Victorian, built circa 1896 in the center of San Rafael, the cultural, civic and economic heart of Marin. 2 separate buildings, with parking for 6+ vehicles, and storage. Main property has approx. 2450 sq ft, back building has 2 rooms and bathroom. Both currently zoned for commercial, BUT loads of opportunities have opened up due to recent changes in zoning laws (permissible uses may include retail, restaurant, residential and more!) Contact City for details. Main floor (currently used as offices) has 4 distinct rooms, 2 with fireplaces, in addition to a kitchen and bathroom . Upstairs has 4 more characteristic rooms, along with a bathroom and a large storage closet. This showcase property, honored on the city's historic preservation list, receives special attention and respect due to its significant architectural and cultural heritage. Unbeatable accessibility and visibility, on a well-traveled street, steps away from the main business hub of dynamic downtown filled with an array of charming establishments. Close to Hwy.101, Smart Train and The Hub. 705 Mission Ave, with its rich past is ready its new owner or investor to capitalize on its incredible future potential
Huge Price Reduction. Constructed as an SRO with ground floor retail. Motivated seller.
Huge Price Reduction! Super Motivated Seller has found replacement property! Why pay rent? Collect rent instead while occupying your own plush office next door! Recently appraised at over $1.3M! Fantastic Owner-User Opportunity Building includes 17 PRIVATE DESIGNATED PARKING SPOTS; up to 20/21 car parking; Eastern 1/2 (end office unit) is built as luxury office with marble flooring, customer reception area, fabulous floating 2-way gas fireplace, bright & airy front office with 3 additional offices/rooms & spacious marbled full bathroom with shower & laundry area. Western 1/2 can be divided into 2-3-or 4 separate offices with separate baths and entrances. Super clean flat rooftop - ready for commercial solar panels to harness the unobstructed sunlight. All new dual-paned windows. EASY ACCESS from freeway. EASY LOCATION as destination for customers. IDEAL 1031-EXCHANGE Property.
Located in a highly visible, high traffic area on 4th Street within the famous Miracle Mile. Well maintained and well established commercial units. Great investment opportunity. New roof, exterior painted 2021, new signage, resurfaced parking lot, updated bathrooms. Seller financing available.
Welcome to 700 E St, an outstanding investment opportunity in the heart of San Rafael! This prime property is 97% rented, generating an impressive monthly income. Key Features include: Strong Occupancy: With 97% of units rented, this property provides a reliable and steady income. Zoning Advantages: Zoned T4N, this property benefits from a flexible, mixed-use designation that supports redevelopment with a variety of uses within a walkable neighborhood setting. The T4N 40/50 zoning allows for additional uses making it ideal for a creative mixed use future. Strategic Location: Situated within a moderate-intensity, mixed-use neighborhood, within walking distance to neighborhood retail and services. This zone provides a seamless transition between the bustling downtown and a serene neighborhood. Excellent potential as is, excellent potential for redevelopment.
Great owner-user or investment opportunity. The vacant spaces consist of a first generation modern dental office and a well appointed office previously occupied by the owner.
Charming, high visibility commercial office property. 10 car parking. Can be delivered partly rented or vacant for an owner-user. Can be converted back to residential use. Check with the City of San Rafael regarding that process.
Great downtown location. Very stable investment. Well maintained. Two mixed use buildings and a third one bedroom cottage. Recently upgraded residential units. New paint. Laundry room.
Opportunity knocks! Ideal downtown San Rafael corner is now available! Wide street frontage and high traffic count make this location ideal for many business ventures or redevelopment. Single story building currently used by the owner can be delivered vacant or with a partial rent back as the space can be easily subdivided into two. There is a long window line, open floor plan, two bathrooms, roll up door, and space for warehousing or storage depending on need as well as dedicated on-site parking! This is a must see for the dynamic location in Central Marin. Light Rail system is merely 1 block away which makes this property perfect. There is a real possibility to increase this building by 4 to 5 stories. Close but, not too close.
Commonly referred to as Hotel Carmel, this is a classic mixed use property. Primary tenant is Homeward Bound operating as supportive housing. They plan to vacate when the lease expires in November 2025. Ground floor commercial tenants. Shares a rear property line with 813 A Street, which is also available for sale.
Two story, concrete construction commercial building. Ground floor is configured for two tenants. Second floor is configured for approximately 16-18 individual offices. Good value add play. T5N 50/70 ZONING. Also available for sale is 826 B Street, that shares a rear property line.
Two story, standalone building (Approx 1,000 sqft. on each floor) Upstairs suite is configured with three individual offices that were recently remodeled. Downstairs has two office suites approximately 500 sqft. each. One downstairs suite currently has a tenant through 12/2024. The other two suites are currently vacant.
Great location perfect set up for a coffee shop or a Deli. No type one hood. limited cooking ability. Lease expires 2027, option to extend two 5-year terms. (must qualify) Approx. 2,187 sq ft, Seats 45 Type 41 ABC license (Beer and Wine)
Fantastic price reduction! Rebound Bookstore has been in the West End Village of San Rafael, California just 20 minutes north of San Francisco, for 18 years. It is nestled in a popular and hip strolling area of coffee houses, restaurants, and specialty shops with ample parking nearby. With a stock of over 35,000 items, Rebound carries a vast array of unique books in great condition along with CDs, DVDs, stationary, journals, records, and more. Rebound Bookstore has been consistently voted Best Used Bookstore in Marin County by the Pacific Sun News magazine for the past 13 years. This cozy store accommodates and attracts people of all ages from all over the world. Rebound sets itself apart by hosting literary and community events, acting as a hangout spot for kids and families, and featuring local artists' work in the shop. Rebound Bookstore is a point of departure for new ideas, unexpected adventure, and treasures found!
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Barbara Lynn Simmons, License CALBRE 637579, Xome Inc., License CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
San Rafael is located in California. San Rafael, California has a population of 61,158. San Rafael is less family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 33.06%.
The median household income in San Rafael, California is $104,521. The median household income for the surrounding county is $131,008 compared to the national median of $69,021. The median age of people living in San Rafael is 43.1 years.
The average high temperature in July is 78.1 degrees, with an average low temperature in January of 42 degrees. The average rainfall is approximately 40.6 inches per year, with 0 inches of snow per year.
