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405 N San Pedro Rd 6,356 SF 100% Leased Retail Building San Rafael, CA 94903 $2,461,778 CAD ($387.32 CAD/SF)



Executive Summary
Located within the Marin County jurisdiction, Santa Venetia neighborhood, also 2 Mabry Way and 8 Mabry Way. One mile from the Marin County Civic Center and 101 Freeway.
Tremendous and unprecedented opportunity for a restaurateur or investor! For over 50 years the home of the renowned Le Chalet Basque restaurant. Currently in operation and fully equipped. Seating for 179 people, including a wonderful outdoor patio area. Full bar with liquor license available under separate agreement. Two large indoor seating areas allow for private parties and business meetings.
Business operators will benefit from 26 off-street parking spaces with ample on-street parking as well. Additional office/storage building serves the restaurant. The homes, 2 Mabry, a 4-BR/2-BA, and 8 Mabry, a 3-BR/2-BA, deliver monthly rental income of ±$7,500. Occupancy costs for restaurant will be very low after factoring in the income from the two residential rental units.
Tremendous and unprecedented opportunity for a restaurateur or investor! For over 50 years the home of the renowned Le Chalet Basque restaurant. Currently in operation and fully equipped. Seating for 179 people, including a wonderful outdoor patio area. Full bar with liquor license available under separate agreement. Two large indoor seating areas allow for private parties and business meetings.
Business operators will benefit from 26 off-street parking spaces with ample on-street parking as well. Additional office/storage building serves the restaurant. The homes, 2 Mabry, a 4-BR/2-BA, and 8 Mabry, a 3-BR/2-BA, deliver monthly rental income of ±$7,500. Occupancy costs for restaurant will be very low after factoring in the income from the two residential rental units.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,356 SF
Building Class
C
Year Built
1937
Price
$2,461,778 CAD
Price Per SF
$387.32 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.51 AC
Zoning
P/OS/WO, San Rafael
Parking
26 Spaces (4.09 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 180-036-18 | Improvements Assessment | $1,582,673 CAD |
| Land Assessment | $1,091,147 CAD | Total Assessment | $2,673,820 CAD |
Property Taxes
Parcel Number
180-036-18
Land Assessment
$1,091,147 CAD
Improvements Assessment
$1,582,673 CAD
Total Assessment
$2,673,820 CAD
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405 N San Pedro Rd
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