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24 Professional Center Pky 14,876 SF 40% Leased Office Building San Rafael, CA 94903 $2,400,000 ($161.33/SF)



Investment Highlights
- 14,876 SF two-story Class B office building on two contiguous parcels totaling 42,039 SF — zoned Office (O)permitting medical and professional uses
- Elevator-served building with 36 on-site parking spaces (10 covered), covered patio, carport, and balcony across three levels
- Immediate access to U.S. Route 101 in both directions — approximately 25–30 minutes to San Francisco via the Golden Gate Bridge, one mile north of the
- Diverse tenant mix including law firms, medical practices, a software company, and an upscale specialty salon providing stable in-place cash flow
- All-redwood exterior siding on all four elevations — naturally durable, decay-resistant, and low maintenance, well-suited to Marin County's climate
- Directly across Highway 101 from the planned Northgate Town Square — a major mixed-use redevelopment serving as a significant long-term demand
Executive Summary
Pacific West Advisory Group is pleased to present 24 Professional Center Parkway, a well-maintained, two-story Class B office building totaling 14,876 square feet situated on two parcels comprising 40,725 square feet in the heart of North San Rafael's established professional corridor.
Zoned Office (O) by the City of San Rafael, the property accommodates a wide range of uses including medical, and is currently occupied by a diverse mix of professional tenants including law firms, medical offices, a software company, and an upscale specialty salon — providing stable in-place income with flexibility for future repositioning or owner occupancy.
All four elevations feature exterior siding constructed of redwood, a premium and naturally durable material highly resistant to decay and dry rot, well-suited to Marin County's climate and offering long-term performance with reduced exterior maintenance concerns. The elevator-served building includes 36 on-site parking spaces, 10 of which are covered.
Positioned with immediate access to U.S. Route 101 in both directions and located approximately one mile north of the iconic Marin County Civic Center, the property benefits from exceptional regional connectivity — approximately 25–30 minutes to San Francisco via the Golden Gate Bridge. The surrounding area is home to established medical, legal, and financial service providers, and the property sits directly across from the planned Northgate Town Square, a major mixed-use residential and retail redevelopment that is expected to significantly strengthen long-term demand in the corridor.
Located within Marin County's desirable suburban office market, the property serves a trade area with an average household income exceeding $137,000 within 0.3 miles and an average home value surpassing $731,000. This offering represents a compelling opportunity for an owner-user, nonprofit organization, or investor seeking a strategic Marin County foothold with strong demographics, immediate highway access, and meaningful long-term upside.
Zoned Office (O) by the City of San Rafael, the property accommodates a wide range of uses including medical, and is currently occupied by a diverse mix of professional tenants including law firms, medical offices, a software company, and an upscale specialty salon — providing stable in-place income with flexibility for future repositioning or owner occupancy.
All four elevations feature exterior siding constructed of redwood, a premium and naturally durable material highly resistant to decay and dry rot, well-suited to Marin County's climate and offering long-term performance with reduced exterior maintenance concerns. The elevator-served building includes 36 on-site parking spaces, 10 of which are covered.
Positioned with immediate access to U.S. Route 101 in both directions and located approximately one mile north of the iconic Marin County Civic Center, the property benefits from exceptional regional connectivity — approximately 25–30 minutes to San Francisco via the Golden Gate Bridge. The surrounding area is home to established medical, legal, and financial service providers, and the property sits directly across from the planned Northgate Town Square, a major mixed-use residential and retail redevelopment that is expected to significantly strengthen long-term demand in the corridor.
Located within Marin County's desirable suburban office market, the property serves a trade area with an average household income exceeding $137,000 within 0.3 miles and an average home value surpassing $731,000. This offering represents a compelling opportunity for an owner-user, nonprofit organization, or investor seeking a strategic Marin County foothold with strong demographics, immediate highway access, and meaningful long-term upside.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
14,876 SF
Building Class
B
Year Built
1982
Price
$2,400,000
Price Per SF
$161.33
Percent Leased
40%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,438 SF
Slab To Slab
10’
Building FAR
0.35
Lot Size
0.97 AC
Zoning
O, San Rafael - Office
Parking
46 Spaces (3.09 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Natural Light
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Vector Unit
- Information
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$9.99
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Lorem Ipsum
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| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Vector Unit | Information | - | $9.99 | Lorem Ipsum | Jan 0000 |
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Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,378,736 | |
| Land Assessment | $780,730 | Total Assessment | $2,159,466 |
Property Taxes
Parcel Numbers
Land Assessment
$780,730
Improvements Assessment
$1,378,736
Total Assessment
$2,159,466
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24 Professional Center Pky
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