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Listing Details

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School Ratings & Info

Description

Two story wood frame building, constructed in 1955, 12+ car parking, circular front drive is ideal for pick up and drop off. Central location is just blocks from Downtown San Rafael restaurants and shops. Easy access to Highway 101 and public transportation center. Zoned Residential/Office (R/O). Zoning allows office, medical, some retail, multi unit residential and mixed use. 8100 square foot lot. Two full floor offices with front and rear entries. Fair Housing,first floor tenant has 3 years remaining on lease, rent is $3,402 monthly with annual increases. Aesclepion Church, top floor tenant, has one year remaining on lease and would consider vacating at close of escrow. Rent is $2887 monthly. Tenants pay all utilities, each tenant has 6 car parking and each office has two half baths.Heat is provided by forced air gas furnace. Both offices have window air conditioning. Upper office also has central air conditioning. $75,468 estimated Gross Annual Income. 4.2 Cap

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© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty. Data last updated 2021-09-19T00:20:27.26.
www.kuldagroup.com/homes/118791376
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1314 Lincoln Avenue San Rafael, CA 94901

  • Price: $1,200,000
  • Status: Active Under Contract
  • ID#: 321055475
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Beds
0
Baths
0
½ Baths
0.19
Acres
2,844
SQFT
$422
$/SQFT
1955
Built
Neighborhood:
San Rafael
County:
Marin
Area:
San Rafael
Property Description
Two story wood frame building, constructed in 1955, 12+ car parking, circular front drive is ideal for pick up and drop off. Central location is just blocks from Downtown San Rafael restaurants and shops. Easy access to Highway 101 and public transportation center. Zoned Residential/Office (R/O). Zoning allows office, medical, some retail, multi unit residential and mixed use. 8100 square foot lot. Two full floor offices with front and rear entries. Fair Housing,first floor tenant has 3 years remaining on lease, rent is $3,402 monthly with annual increases. Aesclepion Church, top floor tenant, has one year remaining on lease and would consider vacating at close of escrow. Rent is $2887 monthly. Tenants pay all utilities, each tenant has 6 car parking and each office has two half baths.Heat is provided by forced air gas furnace. Both offices have window air conditioning. Upper office also has central air conditioning. $75,468 estimated Gross Annual Income. 4.2 Cap
Exterior Features

Construction Materials WoodFrame Numberof Truck Doors 0 Parking Clearance Heightft 0 Parking Features UncoveredPrivateOpen Parking Total 12 Road Frontage Type Is AccessibleCity Street

Interior Features

Cooling Wall Unit(S)Individual AirCentral Flooring Carpet Numberof Elevators 0

Property Features

Building Features Varies By Unit Business Type ReligiousCommercial Cap Rate 4.2 Current Use Office Lease Terms Other Location Shopping NearbyRestaurant NearbyPublic Transportation NearbyNeighborhoodLight Rail NearbyFreeway Nearby Number Of Tenants 2 Property Condition Varies By Unit Property Sub Type Office Sewer Public Sewer Special Listing Conditions None Structure Type Detached Water Source Public

Listing provided courtesy of Steven Zakula of Compass.


© 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kulda Real Estate Group | Keller Williams Realty. Data last updated 2021-09-19T00:20:27.26.
 
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The Kulda Real Estate Group | Keller Williams Realty
200 San Mateo Road #B
Half Moon Bay CA, 94019