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1240 4th Street, San Rafael, CA 94901
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$4,500,000
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Home Details for 1240 4th Street
Price
$4,500,000
Type
Commercial/Industrial
Year Build
1893
Lot Size
0.2056
County
Marin
Tax
$41,881
MLS®️ Listing#
ML82002642
On exitrealty.com
283 days
Property Description
PRICE REDUCED! First time on the Market in over 25 Years! Prime, Heart of Downtown San Raphael Investment Offering of a 13 Unit Mixed Used Investment Property! A Current 5.77% CAP/11.6 GRM! Owner has Self Managed this Asset with Pride, and has Recently Performed Upgrades to the Property with BRAND NEW Electrical Panels (2024/2025), a New Roof in 2023, & Many Rehabbed Units in Recent Years ranging from New Bathrooms & Kitchens. Property Consists of (4) Long Time Retail Tenants: Amici's Pizza, The SHOP (high end barber shop), Friends Books, and Tibet Shop along with (9) Multifamily Units Consisting of (2) 2bed/1bth Units, (2) 1bed/1bths, & (5) Studio Units. Corner LOT! Property is Owned Free & Clear Of Debt! Seller May Carry with Minimum 35% Down for Qualified Buyer. Must See to Appreciate!
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Listing Courtesy: Coldwell Banker Realty - 925-935-7100. Presented by: Neel Bhatia
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-07 12:31:45 and/or other sources. 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.
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.
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$4,500,000
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.