Share This Listing

Message

967 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1115 3rd St 11,860 SF Office Building San Rafael, CA 94901 $3,900,000 ($328.84/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located in downtown San Rafael.
  • 30 Minute reverse commute from San Francisco or Oakland.
  • Served by the Larkspur Ferry with direct connections to the Smart Train.

EXECUTIVE SUMMARY

This two-story building was purchased in 2017 for $4M and completely renovated in 2018 with over $3M in improvements to create a state-of-the-art office space.
It offers a rare mix of modern creative office space with exposed timber trusses, multiple conference rooms, a beautiful commercial kitchen, open plan office areas, private offices, a second story break room, kitchen and collaboration area, with elevator service to the second floor.
The original building was constructed in approximately 1940 and has been expanded over the years, with a major exterior and seismic upgrade in the 2000's prior to the 2017 interior remodel and code upgrade.
The building is centrally located in downtown San Rafael and a wide selection of restaurants and amenities within easy walking distance.
It enjoys visibility along San Rafael's 3rd street corridor and is directly across the street from San Rafael's main Third and B street parking garage with over 200 spaces. The building is also part of the downtown San Rafael precise plan allowing redevelopment.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,860 SF
Building Class
B
Year Built/Renovated
1940/2018
Price
$3,900,000
Price Per SF
$328.84
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,930 SF
Building FAR
0.97
Lot Size
0.28 AC
Zoning
T4 Main Street T4MS 60/80 - T4 Main Street T4MS 60/80 (Section 2.3.040) - Office Use
Parking
5 Spaces (0.42 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Wheelchair Accessible
  • Fiber Optic Internet
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-262-25
Land Assessment
$2,437,176
Improvements Assessment
$3,797,998
Total Assessment
$6,235,174
  • Listing ID: 34755641

  • Date on Market: 2/7/2025

  • Last Updated:

  • Address: 1115 3rd St, San Rafael, CA 94901

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}