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Multi-Family

The Residences at Grand

450 4th St, San Rafael, CA 94901

Listing Price: $3,325,000

Lot Size
0.26 acres
Price/Acre
$12,788,462
Land Type
Land

Investment Overview

The subject property is a rare in-fill, 5-story, 35-unit residential development opportunity of 0.26 acres that is extremely well located in downtown San Rafael, CA. The prime location is situated one block from a Whole Foods Market, one block from Highway 101, and less than half a mile from Dominican University. San Rafael High School and Coleman Elementary School are within half a mile of the property. Marin Academy and Saint Raphael private schools are less than a mile from the property. A Trader Joe’s and Rite Aid anchored community shopping center is located two blocks south at the intersection of Second Street and Grand Avenue. The core downtown retail corridor on 4th Street begins one block to the west and is home to upscale restaurants, boutiques, entertainment venues, and personal and business service offerings.

Investment Highlights

  • Rare downtown San Rafael infill residential development opportunity
  • Plans for 35 apartments in 5-story building on a level, vacant corner parcel
  • One block to Whole Foods Market
  • Four blocks to San Rafael Transit Center and SMART rail station
  • One-half mile south of Dominican University
  • Three blocks from Hwy 101
  • Extremely supply constrained affluent market with high barriers to entry
  • City of San Rafael is strongly encouraging housing development given high demand and lack of new housing in San Rafael and throughout Marin County

Exclusively Listed By

Multi-Family

The Residences at Grand

Listing Price: $3,325,000

Lot Size
0.26 acres
Price/Acre
$12,788,462
Land Type
Land

Investment Highlights

  • Rare downtown San Rafael infill residential development opportunity
  • Plans for 35 apartments in 5-story building on a level, vacant corner parcel
  • One block to Whole Foods Market
  • Four blocks to San Rafael Transit Center and SMART rail station
  • One-half mile south of Dominican University
  • Three blocks from Hwy 101
  • Extremely supply constrained affluent market with high barriers to entry
  • City of San Rafael is strongly encouraging housing development given high demand and lack of new housing in San Rafael and throughout Marin County

Investment Overview

The subject property is a rare in-fill, 5-story, 35-unit residential development opportunity of 0.26 acres that is extremely well located in downtown San Rafael, CA. The prime location is situated one block from a Whole Foods Market, one block from Highway 101, and less than half a mile from Dominican University. San Rafael High School and Coleman Elementary School are within half a mile of the property. Marin Academy and Saint Raphael private schools are less than a mile from the property. A Trader Joe’s and Rite Aid anchored community shopping center is located two blocks south at the intersection of Second Street and Grand Avenue. The core downtown retail corridor on 4th Street begins one block to the west and is home to upscale restaurants, boutiques, entertainment venues, and personal and business service offerings.

Exclusively Listed By

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