1240 4Th Street, San Rafael, CA 94901 - Berkshire Hathaway HomeServices California Properties
1240 4th Street San Rafael, CA 94901
$4,750,000 0 beds, 0 baths
0 sqft

Agent Remarks

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 5.5% CAP Offering with Upcoming & Allowable Increases in 2025 Allowing for Immediate Upside! 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!

Listing Details

Property type: (Commercial)
Status: Active
MLS# ML82002642
List price is $4,750,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1893
0.21 acres
Lot size: 0.2056
County: Marin
Zoning: R3
Heating/cooling: None
MLS area: 699 - Not Defined

Last Updated: 4/15/2025

 Find more San Rafael homes and real estate

 Find more homes in 94901 zip code

This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.973695, -122.530451.
Find nearby listings


Listing Agent: Neel Bhatia
Lic#: 01234982
Office Name: Mission Viejo

Area Map

Nearby Schools

No schools were found in the area