FOR SALE: WATERSIDE RESTAURANT OPPORTUNITY

  • $4,990,000.00
  • $332.67/sf
Featured For Sale
100 Yacht Club Drive, San Rafael, California
Featured For Sale
100 Yacht Club Drive, San Rafael, California
  • $4,990,000.00
  • $332.67/sf

Property Description

BACK ON MARKET!!

Property Overview:

This is a rare opportunity to acquire a Waterfront Restaurant property in San Rafael.

This 15,000 sq.ft +/- commercial restaurant/bar/event center space – plus related parking, boat docks/slips, exterior patio and decks that were formerly operated as a restaurant/bar with live entertainment, most recently known as Terrapin Crossroads. Sale of the property also includes some existing restaurant and bar equipment.

Property History:

Dominic’s Harbor Restaurant was located at the approximate site where legendary Dominic Murphy was host and friend to those who built the Golden Empire of California. Established on San Rafael’s historic canal in 1864, Dominic catered to the Dons, Vaqueros, Rancheros and American pioneers of early California. Known as “Marin’s favorite rendezvous,” The site today carries forward the opportunity of early California hospitality.

In 1998, 100 Yacht Club Drive reopened as The Seafood Peddler, part of a group that had restaurants in Connecticut and New York. The owners invested $2.6 million to renovate the structure down to the bare walls and went on to create a casual seafood-oriented restaurant with 400 seats in the main dining room and a 190-seat banquet room. Features included a glass and mother-of-pearl bartop, lots of corrugated tin, galvanized sheet metal and aluminum trim. They also restored an adjacent city-owned park in return for being able to use it for dining and special events.

2012 saw the opening of Terrapin Crossroads, by former Grateful Dead member, Phil Lesh, as a restaurant and event center to host a variety of musical fare. For the next 10 years, it served guests an eclectic menu of food and music. In addition, Terrapin made considerable improvements to the nearby city park, including restrooms and parking. Terrapin leased the city park from the City of San Rafael for outside music. In November 2021, Terrapin Crossroads announced they would be closing.

View Property Brochure

100 Yacht Club Dr. SALE_Flyer 10-11-23
  • Address 100 Yacht Club Drive
  • City San Rafael
  • State/county California
  • Zip/Postal Code 94901
  • Area Marin County

Property Details

Updated on October 12, 2023 at 7:38 pm
  • Property ID: HL(ID)
  • Price: $4,990,000.00
  • Available Square Feet: 15000 +/- sq.ft
  • Total SF of Building: 95,768 +/- sq.ft
  • Property Type: Waterfront Restaurant
  • Property Status: For Sale

Floor Plans

image

Description:
Site Plan

image

Description:
First Floor

image

Description:
Second Floor

Walkscore

No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions by our principals. The prospective purchaser/lessee should independently verify all information.

Compare listings

Compare
Bob Knez
  • Bob Knez