Property Description
The property includes two connected Butler metal warehouses totaling about 15,500 SF on a 0.46-acre parcel. Built in 1959, the buildings were recently improved with a new TPO roof, LED lighting, skylights, insulation, and upgraded bathrooms. The clear-span bays reach 21′ at the center, with multiple grade-level doors and 400-amp, 3-phase power. Parking is available along the frontage. Currently, 7,500 SF is leased and 8,000 SF is vacant and divisible, giving investors and owner-users both immediate income and room to grow.
Location Description
175-185 Market Street sits in San Rafael’s Canal District, just two minutes from the US-101/Andersen Drive interchange and under twenty minutes from the Golden Gate Bridge. The property fronts both Highway 101 and Interstate 580, putting North Bay, East Bay, and San Francisco customers within easy reach for same-day deliveries. For employees, SMART rail, Marin Airporter, and Canal District shops and services are all close by, offering quick options for transit, lunch, and daily errands.
Highlights
- Year-1 Tax Benefit: Up to $404,481 in accelerated depreciation under the OBBA.
- Flexible Options: Keep the existing tenant or occupy the available space.
- Easy Access: 2 min to US-101; 20 min to Golden Gate; 35 min to Port of Oakland.
- Recent Upgrades: 2023 roof, lighting, insulation, and NEW power.
- Warehouse Specs: 21′ clear height, 400-amp 3-phase, multiple grade-level doors.
- Tight Market: Marin industrial vacancy has stayed below 2% since 2021.
- SBA 504/7a Eligible: Ownership possible with as little as 10% down.
Testimonial: “Ces Cecchin is the best! With his efficiency, hard work, and outstanding marketing he stirred up multiple offers in a tough market and got us in contract in less than ten days! I highly recommend Ces. You can trust him, and he’ll get the work done!” — Wendy E., Partner Owner