145 Redwood DrSan Rafael, CA 94903

Property Details for 145 Redwood Dr

Year built

1981

Lot size

0.13 AC

Property size (Sq ft)

11,648 SF

Property type

Other commercial real estate

APN

155-271-01

APU

15527101

Description

This exceptional 11,700 square foot, two-story office building is situated at 145 North Redwood Drive in San Rafael, California. Built in 1980 and featuring a newer roof (installed May 2020), this well-maintained property offers a unique owner-user opportunity. The building is part of the Rafael North Executive Park, benefiting from its convenient location adjacent to Highway 101, providing easy access for employees commuting from Marin, Sonoma, and San Francisco. The property boasts a prime location near numerous amenities, including a wide array of dining, entertainment, and recreational options. Its proximity to key institutions such as Marin County Offices, the County Courthouse, Marin County Health and Human Services, Kaiser Permanente Hospital, Marin General Hospital, the Social Security Administration, CSAAA, Bank of America, and the Marin County Sheriff's Office adds significant value. Further enhancing its appeal are nearby establishments like Mulberry Street Pizza, Smith Ranch Deli, and WestAmerica Bank. Educational institutions such as Dominican University and College of Marin are also within easy reach. The area also offers convenient shopping at Northgate One (Safeway anchored retail) and recreational opportunities at McGinnis Golf Complex. The nearby Four Points by Sheraton provides additional lodging options. With the Northgate Mall slated for redevelopment, the area's future potential is significant. This offering presents a rare chance to acquire a well-located office building in Marin County at a price well below replacement cost, priced at $188 per square foot. The property is vacant and available for occupancy on August 22, 2024. The 0.14-acre lot houses a single unit.

• Alternative Use

  Use

  Valuation

  Residential

  $3,657,766

  Hospitality

  $3,350,494

  Educational

  $2,787,572

  Medical

  $2,883,440

  Retail

  $4,336,222

Location Insight

City

San Rafael

County

Marin

State

California

Latitude

38.0234

Longitude

-122.538

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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