Property Listing No Longer Available for Sale

1925 E. Francisco Blvd., San Rafael, CA

Industrial for Sale - $3,100,000 - 11,525 Sq. Ft. on 1.22 acres


Property Info

CIMLS#907680
Location
  1925 E. Francisco Blvd.
  San Rafael CA 94901
UpdatedMarch 29th, 2017
TypeIndustrial
Price$3,100,000
Building11,525 Sq. Ft.
Land1.22 acres

Property Description

5 Adjacent Commercial Condominium Units Consisting of 3 office units and two warehouse units.

Units 4, 14 & 16 are joined as a single office unit with executive offices, a private kitchen, two private bathrooms and a mezzanine area (unpermitted). There is an admin area, plenty of storage as well as a rear workshop area with a roll up door. It is well maintained and ready for move in at close of escrow. Owner will also consider a leaseback for a 5 year term. Units 5 & 15 are Warehouse units currently leased at close to market rent.

Francisco Boulevard offers easy access to I-580 and the Richmond San Rafael Bridge as well as Route 101 for access to San Francisco and northern Marin county. It is close to the Home Depot, Target and downtown San Rafael.

Location Description:

The Rafael Business Center is conveniently located in Central Marin with easy access to both Highway 101 and 580.

Highlights:

>> 2 Roll Up Doors

>> 7 Restrooms including One Full Bath

>> 7 Skylights throughout

>> Private Kitchen and Kitchenettes

>> Easy Freeway Access to I-580

>> Low HOA Fees: $0.18/foot

>> Investor or Owner/User Opportunity

>> Units 5 & 16 are on short to intermediate term leases

>> Units 4, 14, & 15 are office units that are owner opccupied

>> Communal parking at 1 per 500 square feet

>> 115 parking spaces for 48 unit complex

>> High efficiency HVAC in all units for both heating and cooling

>> 220 V 3 Phase 100 Power Panels (One in each warehouse and 3 in office)

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.5%


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