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1st Floor - Unit 1 & 2
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Industrial
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5,349 SF
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$1,650,000 USD
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Unit Size: 5,349 SF
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Condo Use: Industrial
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Price: $1,650,000 USD
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Sale Type: Owner User
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Price/SF: $308.47 USD
Description
Extremely rare opportunity to acquire two contiguous industrial condo units in a four unit complex in the heart of Central San Rafael’s industrial district. The units are currently 100% leased to six tenants, all on month to month leases. This creates a great opportunity for an owner user to occupy while enjoying solid income on the areas they don’t occupy or an investor looking for stable cash flow with small industrial units that are consistently in strong demand. With efficient and flexible office space, a very rare I (Industrial) zoning designation, high clear height warehouse space, and abundant parking, 15 Woodland is a must see industrial opportunity.
The Property is one of few industrial properties in Central San Rafael that is located outside of a special flood hazard zone. Lenders should not require flood insurance for the property.
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