405 N San Pedro Rd

For Sale

405 N San Pedro Rd, San Rafael, CA 94903

This San Rafael property for sale is located at 405 N San Pedro Rd. The current listed sale price for 405 N San Pedro Rd is $2,000,000. 405 N San Pedro Rd is situated on a lot that is 0.51 acre in size.

Contacts

broker

Nick Egide

Meridian Commercial

(415) 451-4900

Property Details

  • Property Type Retail - Restaurant
  • Property Size 6,271 SF
  • Units 3
  • Lot Size 0.51 Acre
  • Year Built 1937
  • Date Updated Mar 8, 2024
Located off the North San Pedro exit this North San Rafael location is a short drive from the Marin Civic Center. The property offers plenty of parking and easy ingress and egress for the restaurant and both residential units.405 North San Pedro consists of 3 different income producing units. The commercial component is currently being operated as Le Chalet Basque restaurant. The restaurant has been a mainstay in Marin County for many years with excellent food and reviews. The restaurant has great interior and exterior dining options. The remaining 2 buildings are both stand alone residential houses with 4 bedrooms and 2 bathrooms. One house just recently had the interior renovated and a 1 year lease was signed for $3,500 per month in rent. The other house is currently being occupied on a month to month basis by a tenant who has occupied the residence for 18 years. Property is best situated for a restaurant owner-user who can also take advantage of stable income from 2 housing units. Le Chalet Basque has a fantastic long standing reputation in the area and has seen business return to pre-covid levels. A new owner can add value to the restaurant by opening it for lunch service and being open 6 days a week as opposed to 5.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Motivated Seller- Pricing now Reflects a $750,000 reduction from recent appraisal
  • Ability to convert restaurant into additional housing or operate as is
  • Restaurant has full liquor license and inventory available to be purchased separately
  • 4 buildings- 2 dedicated to restaurant and 2 single family houses
  • Located in County of Marin Jurisdiction

Attachments

Getting around

  • 29/100

    Walk Score ®

  • 16/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Rafael, CA
  • Neighborhood Santa Venetia
  • Zip Code 94903
  • Market San Francisco

Points of Interest

  • Marin Civic Center

    1.14 miles

  • San Rafael Downtown

    2.61 miles

  • Novato Hamilton

    3.25 miles

  • Larkspur

    4.29 miles

  • Novato Downtown

    7.10 miles

  • Novato San Marin

    8.09 miles

  • Northgate Gas / Marin Smog

    1.03 miles

  • Chevron

    1.26 miles

  • Shell

    1.33 miles

  • ChargePoint

    1.35 miles

  • Valero

    1.36 miles

  • Chevron

    1.37 miles

  • Gateway Gas

    1.38 miles

  • 76

    1.38 miles

  • 76

    1.97 miles

  • ChargePoint

    2.49 miles

  • Las Gallinas Valley

    1.11 miles

  • Smith Ranch Park And Ride

    1.20 miles

  • Lincoln Park And Ride

    1.55 miles

  • MISSION AVE Park and Ride

    2.45 miles

  • Hetherton Park And Ride

    2.61 miles

  • Alameda Del Prado Park And Ride

    2.80 miles

  • Fairfax Parkade

    4.05 miles

  • Golden Gate Ferry Parking

    4.36 miles

  • Golden Gate Ferry Parking

    4.50 miles

  • Pacheco's Pond

    4.78 miles

  • La Hacienda

    1.17 miles

  • A&W

    1.21 miles

  • McDonald's

    1.22 miles

  • Applebee's

    1.36 miles

  • BJ's

    1.39 miles

  • Sbarro

    1.42 miles

  • Panera Bread

    1.45 miles

  • Roadside BBQ

    1.45 miles

  • Round Table Pizza

    1.46 miles

  • Calgang

    1.47 miles

  • Macy's

    1.34 miles

  • Northgate Mall

    1.43 miles

  • Kohl's

    1.48 miles

  • Safeway

    1.56 miles

  • Marinwood Market

    1.91 miles

  • Scotty's Market

    2.21 miles

  • Andy's Sun Valley Market

    2.43 miles

  • Lotus Chaat and Spices

    2.63 miles

  • Whole Foods Market

    2.65 miles

  • United Markets

    2.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Nick Egide

Meridian Commercial

(415) 451-4900