2018 4th Street, San Rafael, CA 94901

$1,298,000
3,250
SqFt

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Property Description

An Exceptional Investment Opportunity in the heart of San Rafael's highly desirable Miracle Mile corridor. Located at 2018-2020 4th Street, this well-maintained commercial property is comprised of three individual retail storefront condominiums and is now fully leased, providing immediate and stable cash flow. Generating approximately $79,000 in annual net operating income with an attractive 6.1 Cap Rate, this property presents a compelling opportunity for investors seeking dependable income in one of Marin County's most established commercial districts. Positioned along the vibrant 4th Street corridor, the property benefits from outstanding visibility, strong vehicle and pedestrian traffic, and close proximity to Downtown San Rafael, local dining, shopping, and neighboring communities.

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Listing courtesy of Vanguard Properties.