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1925 Francisco Blvd E - Two Great Properties/Suites, Motivated Seller

4,000 - 4,160 SF Flex Condo Units Offered at $1,245,000 - $1,249,000 Per Unit in San Rafael, CA 94901

Executive Summary

Ideal two-APN spacious unit, which includes 5 executive offices and conference rooms, excellently maintained, in San Rafael, all ready for your flex, light industrial, office, storage and limited retail in one of the most vibrant communities in California and United States, next to City of San Francisco and the Bay Area with an 8 million strong market. Operate in the vicinity of the expanding businesses like BioMarin, Kaiser Permanente, Autodesk, Comcast in Marin County as well large retail, life sciences, biotech and service industries. Business wise, manage from the best location in Marin, a global talent magnet and employment hub with natural beauty and accommodating climate, surrounded by industrial and business parks with access to a large, young, diverse and disciplined labor pool and workforce. Quick access to I-580, Highway 101 and other interstates and ports in the Bay Area. Conducive to business operations & excellent environment. Motivated Seller plus $25,000 incentive or concession to Buyer or Buyer's agent.

Property Facts

Price $1,245,000 - $1,249,000
Unit Size 4,000 - 4,160 SF
No. Units 2
Total Building Size 25,670 SF
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Floors 2
Typical Floor Size 2,000 SF
Year Built 1981
Lot Size 0.67 AC
Parking Ratio 12.38/1,000 SF

2 Units Available

Unit 14/15

Unit Size 4,160 SF
Price $1,249,000
Price Per SF $300.24
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 6.37%
NOI $79,532
Sale Conditions Build to Suit
APN/Parcel ID 009-380-14, 009-380-15
Description

Suite #14/15 facing Francisco Blvd at 4160 sq ft.

Sale Notes

$1,348,000 Price.

Unit 4

Unit Size 4,000 SF
Price $1,245,000
Price Per SF $311.25
Condo Use Flex
Sale Type Investment or Owner User
Cap Rate 6.15%
NOI $76,523
Sale Conditions Build to Suit
APN/Parcel ID 009-380-04
Description

Suite #4 at 4000 sq ft with a roll up door

Sale Notes

$1,297,000 Price.

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Mezzanine
  • Signage
  • Skylights
  • Storage Space
  • Recessed Lighting
  • Air Conditioning

Utilities

  • Lighting - Fluorescent
  • Water - City
  • Sewer - City
  • Heating - Electric

zoning

Zoning Code LI/O, San Rafael (The property's light industrial/office zoning allows for light industrial, research & development, showroom, warehousing, distributing, office uses.)
LI/O, San Rafael (The property's light industrial/office zoning allows for light industrial, research & development, showroom, warehousing, distributing, office uses.)
  • Listing ID: 33537079

  • Date on Market: 10/16/2024

  • Last Updated:

  • Address: 1925 Francisco Blvd E, San Rafael, CA 94901

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