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2960 Kerner Blvd

7,414 SF Office Building San Rafael, CA 94901 $2,750,000 ($371/SF)

Investment Highlights

  • Two-story wood-framed commercial building of ±7,414 square feet with incredible bay views
  • Well improved spaces feature high ceiling meeting rooms, multiple points of entry, and a roll-up door
  • Drought resistant landscaping was implemented in 2022, as well as a new electric gate operator and automatic gate rollers in 2023
  • Fenced lot of ±0.75 acres, currently striped for 19 parking stalls (±2.56/1000 ratio)
  • Building was substantially renovated in 2010, with installation of a composition shingle roof, and expansion of the restrooms to include a shower
  • ** CALL FOR OFFERS will occur on Friday, October 11th, 2024 (10/11/24) by 5:00pm. **

Executive Summary

Newmark, as exclusive advisor, is pleased to offer for sale 2960 Kerner Blvd, a ±7,414 square foot, two-story office building located on a ±0.75-acre site in east San Rafael. This offering represents a very rare and unique opportunity to acquire a standalone commercial building with a fenced yard in Marin County, California. The site has been meticulously cared for by the Ross Valley Sanitary District, a public agency who has owned the property since 2009 and occupied the building as its headquarters until 2023. Featuring well improved office spaces with views, high ceiling meeting rooms, multiple points of entry, and a roll-up door, the building has the potential to serve a number of future uses.
The wood framed building was substantially renovated in 2010, with installation of a composition shingle roof, expansion of the restrooms (including the addition of a shower), and fencing of the property with three (3) entry gates. More recently, drought resistant landscaping was implemented in 2022, as well as a new electric gate operator and automatic gate rollers installed in 2023.
In addition to the building footprint, two exterior storage sheds provide additional square footage, supplied with power and placed on a concrete foundation. A backup generator is wired to the building to provide continuity in operations. The site is striped for 19 parking stalls (±2.56/1000 parking ratio), with the potential for a reconfiguration to add additional stalls.
Outdoor areas including a lawn provide potential for a buyer to enhance and add to the sites existing features.
Contact Haden Ongaro (CA RE Lic #00916960) and Joe McCallum (CA RE Lic #02048815) of Newmark at (415) 526-7676 or haden.ongaro@nmrk.com and joe.mccallum@nmrk.com for more information or to set up a time to tour.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,414 SF
Building Class
B
Year Built
1977
Price
$2,750,000
Price Per SF
$371
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,414 SF
Building FAR
0.23
Land Acres
0.75 AC
Zoning
LI/O - Light Industrial/Office (City of San Rafael)
Parking
19 Spaces (2.56 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Signage
  • Skylights
  • Reception
  • Fully Carpeted
  • High Ceilings
  • Natural Light
  • Partitioned Offices
  • Drop Ceiling
  • Yard
  • Monument Signage
  • Air Conditioning
  • Balcony

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
009-131-03
Land Assessment
$820,464
Improvements Assessment
$1,122,085
Total Assessment
$1,942,549
  • Listing ID: 33222908

  • Date on Market: 9/18/2024

  • Last Updated:

  • Address: 2960 Kerner Blvd, San Rafael, CA 94901

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