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706 D St
San Rafael, CA 94901

Office Property For Sale

Investment Highlights

  • Both lots are zoned T4N 40/50 and offer a wide variety of zoning options
  • Frontage available on Dst and 1st St
  • Total lot size ±9,862 SF

Executive Summary

Available for the first time in decades, 702-702 D Street presents an exceptional opportunity to acquire a freestanding office building with excess land situated along a prominent thoroughfare in downtown San Rafael. This central downtown location is less than 2/3 of a mile from the transit station, providing swift and convenient access to Marin and Sonoma counties. The property is comprised of two lots, totaling ±9,862 SF, with a ±2,453 SF single-story building. Half of the building is currently leased to an acupuncture clinic on a month-to-month lease, offering flexibility for both an owner-user and a developer. The owner user can choose to occupy half or the entire building, while the developer can generate income during the entitlement process. Both lots are zoned T4N 40/50 and offer a wide variety of zoning options including housing, office, and certain kinds of retail without the need for a Conditional Use Permit.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,453 SF
Building Class
C
Year Built
1956
Price
$1,200,000
Price Per SF
$489
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,453 SF
Building FAR
0.51
Lot Size
0.11 AC
Zoning
T4N - A walkable neighborhood environment of small-to-medium footprint, moderate-intensity mixed-use buildings and housing choices. Primarily House-Form
Parking
6 Spaces (2.45 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
012-073-16
Land Assessment
$82,026
Improvements Assessment
$0
Total Assessment
$82,026
  • Listing ID: 33884166

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 706 D St, San Rafael, CA 94901

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