515 B Street San Rafael, CA $ 3,450,000
515 B Street
$ 3,450,000
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515 B Street

San Rafael, CA, 94901
$ 3,450,000
Bedrooms1 Baths-- Sq 5,342

Monthly Estimate*

$ 21,524

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Commercial Property for sale in San Rafael, CA

for $3,450,000 with 1 bedroom. This 5,342 square foot building was built in 1975 on a lot size of 0.316988.

515 B Street is a premier investment opportunity for local ownership groups to own the Brookside Apartments, a boutique multifamily property located in the Gerstle Park market of San Rafael. The property was built in 1975 and boats 10 one-bedroom, one-bathroom units on a quiet street near downtown San Rafael. The location attracts high-quality tenants with substantial rental upside through programmatic A+ finishes. This opportunity boasts high in-place rents and ownership has done significant capital improvements including, but not limited to, seismic retrofit completed, roof replaced with 60mil TPO, SB 721 Balcony Inspection & repairs completed. The Brookside Apartments is a nearly turnkey investment with rental upside.

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Commercial Active

Price

$ 3,450,000

Bedrooms

1

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.316988

Year Built

1975

Town/City

San Rafael

County/Region

Marin

MLS | Web ID

ML82013904

Features
General
Living Area 5342
Heating Forced Air
Cooling Central Air
Zoning N/A
Year Built 1975
Property Subtype Other
County Marin
Property Type Commercial Sale
HOA N
Garage Y/N No
Status Active
City San Rafael
MLS Area Listing
Lot Size Square Feet 13808
Standard Status Active
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Exterior
Parking Features Assigned
Lot Size Area 13939.2
Building Area Total 5342
Lot Size Acres 0.32
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Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
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Internal Only
Street Number 1 515
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* Excluded Features
List By
Jefrey Henderson

Listing Agent

Jefrey Henderson, Broker

Broker

ben.mollahan@cbre.com

Email

Affordability Calculator

$21,524
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,524
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/9/2025$3,450,000 Listed Price

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515 B Street, San Rafael, CA, 94901 is a Commercial Property for sale at $3,450,000 with 5,342 sqft and a lot size of 0.316988. 515 B Street has 1 bedroomsThe property's zip code is 94901 which is in San Rafael, CA