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4136 Redwood Hwy 13,043 SF 100% Leased Office Building San Rafael, CA 94903 $2,500,000 ($191.67/SF)
Investment Highlights
- Redevelopment Opportunity
- Freeway Visible Location
- Buildout Space for your Use
- Owner/User or Investment
- Flexible GC Zoning
Executive Summary
PROPERTY OVERVIEW
This offering presents a rare opportunity to acquire or lease a large commercial property located in the heart of Northern San Rafael’s established commercial corridor. For a prospective owner/user buyer, this property is a redevelopment opportunity to design the space to meet their specific use. It presents a similar opportunity to a developer to create commercial uses and/or residential units. For prospective tenants, the property may be divisible and the owner will consider tenant improvements on a case-by-case basis.
The building contains approximately 14, 222 sq feet divided between 2 floors. Currently, both floors are large single open spaces with all sheetrock removed to the studs. The entire building is improved with fire sprinklers and contains multiple gas and electric meters.
The property is positioned within the North San Rafael Commercial Center area and is surrounded by a diverse mix of professional offices, service businesses, and retail users. Its large interior footprint and strong parking ratio make it well suited for a wide range of uses including medical or dental office, veterinary, physical therapy, professional office, education or training facility, children’s facility or daycare, church or place of worship, showroom, fitness or wellness center, specialty retail, tech office, R&D, or multi-tenant commercial occupancy, subject to City approvals.
This offering presents a rare opportunity to acquire or lease a large commercial property located in the heart of Northern San Rafael’s established commercial corridor. For a prospective owner/user buyer, this property is a redevelopment opportunity to design the space to meet their specific use. It presents a similar opportunity to a developer to create commercial uses and/or residential units. For prospective tenants, the property may be divisible and the owner will consider tenant improvements on a case-by-case basis.
The building contains approximately 14, 222 sq feet divided between 2 floors. Currently, both floors are large single open spaces with all sheetrock removed to the studs. The entire building is improved with fire sprinklers and contains multiple gas and electric meters.
The property is positioned within the North San Rafael Commercial Center area and is surrounded by a diverse mix of professional offices, service businesses, and retail users. Its large interior footprint and strong parking ratio make it well suited for a wide range of uses including medical or dental office, veterinary, physical therapy, professional office, education or training facility, children’s facility or daycare, church or place of worship, showroom, fitness or wellness center, specialty retail, tech office, R&D, or multi-tenant commercial occupancy, subject to City approvals.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Building Size
13,043 SF
Building Class
C
Year Built
1976
Price
$2,500,000
Price Per SF
$191.67
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Slab To Slab
10’
Building FAR
0.46
Lot Size
0.65 AC
Zoning
GC - General Commercial
Parking
30 Spaces (2.3 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 155-074-02 | Improvements Assessment | $1,811,160 |
| Land Assessment | $1,207,440 | Total Assessment | $3,018,600 |
Property Taxes
Parcel Number
155-074-02
Land Assessment
$1,207,440
Improvements Assessment
$1,811,160
Total Assessment
$3,018,600
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