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Leased Retail Storefront Condos
For Sale
$1,298,000

2018 4th Street, San Rafael, CA 94901

Three well-maintained retail storefront condominiums are fully leased and offer income-producing stability.

Property Size3,250 SF
Price / SF$399.38
Days on Market106

Property Features for 2018 4th Street

General Information

Standard status Active
Size 3,250 SF
Property subtype Retail
Occupancy 100%

Additional Details

Cap Rate 6.1%

Amenities

Central Air
Concrete
3
3 Parking Spaces.
In City, City Road.

Building Details

Year Built 1949
Tenancy Multi
Listing Agency:
Listed By: Vanguard Properties
Source: Xome
Added: May 23 Changed: Sep 1 Last Checked: Sep 4 at 3:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vanguard Properties

Investment Insights

Based on property information with market context.

This for-sale property is a well-maintained retail investment comprised of three individual storefront condominiums. The units are currently fully leased, providing an income stream for the property.

Located on 4th Street in San Rafael’s Miracle Mile corridor, the asset benefits from visibility along the commercial corridor and close proximity to Downtown San Rafael and nearby dining and shopping.

The property size is listed as 3,250 square feet. Public remarks also indicate approximately $79,000 in annual net operating income and a 6.1 cap rate.

Key Highlights

  • Three retail storefront condominium units at 2018–2020 4th Street in San Rafael
  • All three storefronts are fully leased
  • Approximately $79,000 annual net operating income

Property Analytics

Current Use

Transbay Lock Locksmith

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Fish Market Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 56% Home Improvements & Furnishings 28% Shops & Services 16%
Jack in the Box Dining
18,136 visits/mo 0.3 miles
McDonald's Dining
13,154 visits/mo 0.2 miles
Chase Ace Hardware Home Improvements & Furnishings
11,523 visits/mo 0.3 miles
West End Nursery Home Improvements & Furnishings
9,063 visits/mo 0.3 miles
Shell Shops & Services
7,872 visits/mo 0.2 miles

Demographics for 94901, CA

43,338
Population
16,412
Households
2.6
Avg Household Size
40
Median Age
48%
College-Educated
82%
High-School Grad
13.1 sq mi
ZIP Area
3,308
Density / Sq Mi
$108,837
Median Household Income
$50,122
Median Earnings
$2,229
Median Rent
$1,369,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Three well-maintained retail storefront condominiums are fully leased and offer income-producing stability.
Where is this storefront property located?
The property is located at 2018 4th Street San Rafael, CA.
What is the asking price?
The asking price for this property is $1,298,000.
What are key features of this property?
This property features: Three retail storefront condominium units at 2018–2020 4th Street in San Rafael; All three storefronts are fully leased; Approximately $79,000 annual net operating income
More about this property
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