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Property profile & analytics
FOR SALE
Commercial real estate

1115 Irwin St San Rafael, CA 94939

2,729 SF 0.14 ac lot Built 1908
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-0229625
1115 Irwin St, San Rafael, CA 94939 For Sale
$1,198,000 2,729 SF
1115 Irwin St, San Rafael, CA 94939
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Property summary
AI-generated overview

This exceptional 2,558 square foot executive office building, located at 1115 Irwin Street in San Rafael, California (zip code 94901), presents a unique investment opportunity. Currently configured as office space, this charming property boasts period details and has served as a successful office for many years. The building offers ample on-site parking with space for ten vehicles, a significant advantage in this location. However, the property's zoning allows for a variety of uses beyond its current configuration. Potential buyers could explore converting the space into residential units, a live/work arrangement, or other suitable commercial ventures, subject to necessary permits and approvals. The asking price for this owner-user investment opportunity is $1,298,000. Situated in Marin County, this property benefits from its prime location in San Rafael, offering easy access to local amenities and transportation. The building's character and versatility make it an attractive proposition for a discerning buyer seeking a unique property with significant potential. Detailed information regarding zoning regulations and permitted uses is readily available upon request. This is a rare chance to acquire a well-maintained property with a rich history and a bright future.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1908
Total area 2,729 SF
Lot 0.14 ac (6,200 SF)
APN 014-082-02
UPID US09-0229625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Franecke Law Group Law Firm
  • Dolce Violins (Bike/Boat/Book/etc) Store
  • Ramone Yaciuk Rolfing General Contractor
  • The Living Room Chiropractic Alternative Medicine Practice
  • Stress Management Massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.32M
CAP Approach CAP
$850k
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$1.32M
Owner & transaction history
Louis S Franecke · 4 yrs held
Louis S Franecke
since 2022
Last sale
$1.3M
7 recorded transactions
2022
Price N/A
2022
Price N/A
2005
Price N/A
2005
$1.3M
1998
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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