41 Simms Street / 15 & 25 Dodie Street 3 Properties Offered at $9,340,194 CAD in San Rafael, CA

This offering presents the opportunity to acquire three fully leased commercial buildings totaling ±26,657 square feet on a ±74,052-square-foot parcel in San Rafael's established East Industrial district. Held by the same family ownership since development in the 1970s, this marks the first time the property has been offered for sale. The asset consists of 41 Simms Street, a multi-tenant concrete tilt-up building; 15 Dodie Street, a second concrete tilt-up building; and 25 Dodie Street, a larger metal industrial building occupied by a single tenant.
The property benefits from a diversified tenancy structure across the three buildings and recent capital improvements, including new roofs at 41 Simms Street and 15 Dodie Street and a new roof coating at 25 Dodie Street. Infrastructure features include 400-amp electrical service to each building, 63 on-site parking spaces, multiple roll-up doors, and separate utility configurations that support operational flexibility.
Located in East San Rafael, the property offers access to US Highway 101 and Interstate 580, providing regional connectivity throughout Marin County, San Francisco, the East Bay, and Sonoma County. The nearby SMART rail station and Larkspur Ferry connection enhance transportation options for employees and businesses operating throughout the North Bay. The surrounding area includes established industrial, building supply, distribution, retail, and service-oriented businesses, supporting long-term occupancy demand.
The offering also presents potential future value through a possible lot split scenario, subject to applicable approvals, which could allow 25 Dodie Street to be separated from the remainder of the property. Combined with stable occupancy, recent improvements, and strategic regional access, the asset provides investors with an established income-producing commercial holding in a supply-constrained Marin County market.