1314 Lincoln Avenue

Two story wood frame building, constructed in 1955, 12+ car parking, circular front drive is ideal for pick up and drop off. Central location is just blocks from Downtown San Rafael restaurants and shops. Easy access to Highway 101 and public transportation center. Zoned Residential/Office (R/O). Zoning allows office, medical, some retail, multi unit residential and mixed use. 8100 square foot lot. Two full floor offices with front and rear entries. Fair Housing,first floor tenant has 3 years remaining on lease, rent is $3,402 monthly with annual increases. Aesclepion Church, top floor tenant, has one year remaining on lease and would consider vacating at close of escrow. Rent is $2887 monthly. Tenants pay all utilities, each tenant has 6 car parking and each office has two half baths.Heat is provided by forced air gas furnace. Both offices have window air conditioning. Upper office also has central air conditioning. $75,468 estimated Gross Annual Income. 4.2 Cap