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For Sale - 2 Freestanding Retail Bldgs

Owner User Opportunity


Property Address:
1622-1654 Second St
San Rafael, CA 94901
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Property Information

Description:
Main Building (13,000 sq ft) is the former Flegal's Furniture Store and available for an owner user. The main building is a concrete tilt-up and was constructed in 1954. It has a slab floor and both a trussed barrel roof and a flat roof area. The smaller building (1,000 sq ft) is leased to a hair salon. Both buildings have good visibility and signage. On-site parking is shared with adjacent property.

Property Type: Retail
Asking Price: $2,600,000
Price/ Sq.Ft: $185.00
Price/Unit: $1,300,000.00

Building Square Feet: 14,000
Land Square Feet: 18,787
CAP Rate: 6.90%
Units: 2
Gross Multiplier: n/a

Agent Information

HL Commercial Real Estate - Dirck Brinckerhoff (415-446-4222) (dirck@hlcre.com)
HL Commercial Real Estate - Peter Gettner (415-446-4210) (peter@hlcre.com)

ID: 1417