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869 4th St

4,256 SF Vacant Retail Building San Rafael, CA 94901 $1,800,000 ($423/SF)

Investment Highlights

  • Heavy foot traffic in prime location.
  • This property is available now!
  • Located in the heart of San Rafael's historic Downtown area, with a Walk Score of 9.
  • Flexibility in space for multiple use.
  • This property features an in-unit washer and dryer.

Executive Summary

Great opportunity for any business owner or investor: 3-unit live/work property in prime San Rafael location along Fourth Street. The ground level is the former home of Italian restaurant, Il Gusto, now being delivered vacant and ready for the next eatery to set up shop. Upstairs unit is a modern 2BR/1BA live/work loft with stainless steel appliances, granite countertops and custom cabinetry in the kitchen. Spacious open living spaces with hardwood floors and high open ceilings are found throughout for a modern industrial look. Both room/office spaces are open and inviting with plenty of natural light and outfitted with California Closets. In-unit washer + dryer and outdoor patio space also included. Third unit is a 1BR/1BA apartment with a stone-front façade, full kitchen, in-unit washer + dryer, and outdoor patio space. Hardwood floors, double-pane windows, and high ceilings featured throughout. Located in the heart of San Rafael's historic Downtown area, with a Walk Score of 98

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,256 SF
Building Class
C
Year Built
1930
Price
$1,800,000
Price Per SF
$423
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.63
Land Acres
0.06 AC
Zoning
4SRC
Frontage
25 FT on 4th St.
Walk Score ®
Walker's Paradise (98)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Safeway
Starbucks
Sprouts Farmers Market
Jazzercise
Citi
First Republic Bank
Mechanics Bank
Mr. Pickle's Sandwich Shop
Pacific Premier Bank
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-271-06
Land Assessment
$924,120
Improvements Assessment
$577,575
Total Assessment
$1,501,695
  • Listing ID: 30448196

  • Date on Market: 12/27/2023

  • Last Updated:

  • Address: 869 4th St, San Rafael, CA 94901

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