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Listed by Neel Bhatia • Coldwell Banker Realty
$ 4,500,000
Est. payment | /mo
10,894 SqFt
$ 4,500,000
Est. payment | /mo
10,894 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,894 sqft
Price per Sqft $413
MLS Listing ID ML82002642
HOA Y/N No
Year Built 1893
Lot Size 8,956 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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!
Location
State CA
County Marin
Interior
Heating Other
Cooling None
Fireplace No
Exterior
Handicap Access Other
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Yeimalis Acevedo-Rasmussen
Broker-Owner | Lic# CA 01727676 | TX 9014437