1344 4Th St San Rafael, CA 94901
This exceptional San Rafael investment opportunity presents a beautifully preserved 1904 two-story building at 1344 4th St, boasting 3,958 square feet of total space and 3,600 square feet of net rentable area. The property is zoned T4MS 60/80 and offers a compelling blend of retail and executive office space. The ground floor is fully leased as retail, generating strong income. Upstairs, eight private offices with high ceilings are currently occupied by a thriving community of therapists and other professionals. This owner/user opportunity provides a solid 6.37% cap rate, with a current Net Operating Income (NOI) of $86,018.47, making it an attractive investment. The asking price is $1,350,000. Conveniently located in Marin County, the property includes six designated parking spaces, a significant advantage in this desirable area. The building's historic character and strong tenant base combine to create a rare and valuable asset in the vibrant San Rafael market. This property is ideal for an owner-user seeking a combination of income-generating retail space and high-quality office accommodations, or for an investor looking for a strong return on investment in a prime location. The property's address is 1344 4th St, San Rafael, CA 94901, APN 011-205-13.
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Full Metal Cycles (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.