Prime Multi-Property - Redstone, Solano, Irwin

For Sale

851 Irwin Street, San Rafael, CA 94901

This San Rafael property for sale is located at 851 Irwin Street. The general use of Prime Multi-Property - Redstone, Solano, Irwin is office and it incorporates 104,302 square feet of class B office space. The current listed sale price for Prime Multi-Property - Redstone, Solano, Irwin is $19,127,000. Prime Multi-Property - Redstone, Solano, Irwin is situated on a lot that is 48,978 square feet in size.

Contacts

Seth Hubbert

NAI Norcal

Property Details

  • Property Type Office
  • Property Size 104,302 SF
  • Lot Size 48,978 SF
  • Cap Rate % 8.6
  • NOI / YR $1,648,492.00
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1982
  • Date Updated Apr 20, 2026

NAI NorCal is pleased to exclusively offer the opportunity to acquire a three property office portfolio strategically located across the San Francisco Bay Area's most dynamic submarkets. This fully stabilized, 100% occupied portfolio totaling 104,302 square feet represents a rare opportunity to acquire institutional-quality assets in Berkeley, San Rafael, and San Francisco's Mission District—three of the region's most sought-after office markets.

The portfolio has been substantially upgraded under current ownership with
comprehensive capital improvement programs completed across all three properties, including HVAC modernization, interior renovations, security enhancements, and building system upgrades. These recent investments have positioned the portfolio for continued strong performance with minimal near-term capital requirements while creating significant rent growth upside as leases roll in each market.

Each property benefits from exceptional location fundamentals: the Solano
Avenue asset sits in Berkeley Hills' historic main thoroughfare with a Walker's
Paradise Score of 94/100; the Irwin Street building provides unmatched regional connectivity adjacent to Highway 101 and the San Rafael Transit Center; and the landmark Redstone Building occupies a premier Mission District location one block from BART with exceptional Walk/Transit/Bike Scores of 99/98/99.

With current in-place rents averaging well below market across the portfolio,
diversified professional tenancy spanning 127 suites, and 100% occupancy, this turnkey investment opportunity offers investors immediate cash flow stability combined with substantial value-add potential through strategic lease management and operational efficiency.

 
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Highlights

  • Invest in a 100% occupied three-property portfolio and tap into rent growth upside potential and recent capital improvements.
  • The Solano Professional Building is an 18,819-SF three-story mixed-use asset with 19 office suites with diversified professional tenancy.
  • Positioned for growth, all assets have newly modernized turnkey suites and common areas, recent capital improvements, and stabilized assets.
  • Spread across walkable and vibrant Bay Area urban neighborhoods with easy connections to transit, commuting routes, and amenities.
  • 851 Irwin Street is a 29,923-SF three-story office building with professional offices, community organizations, and creative users as tenants.

Attachments

Getting around

  • 95/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 81/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Rafael, CA
  • Zip Code 94901
  • Market San Francisco

Points of Interest

  • Larkspur

    1.68 miles

  • Marin Civic Center

    2.27 miles

  • Marina Way / 16th Street

    9.42 miles

  • Novato Downtown

    9.63 miles

  • Shell

    0.04 miles

  • Chevron

    0.16 miles

  • Valero

    0.16 miles

  • MCE Solar Charge

    0.19 miles

  • ChargePoint

    0.21 miles

  • Tesla Supercharger

    0.23 miles

  • Arco

    0.62 miles

  • Circle K

    1.13 miles

  • Beacon

    1.18 miles

  • eVgo

    3.00 miles

  • Hetherton Park And Ride

    0.05 miles

  • MISSION AVE Park and Ride

    0.22 miles

  • Lincoln Park And Ride

    1.25 miles

  • Golden Gate Ferry Parking

    1.75 miles

  • City of Larkspur Public Parking

    2.51 miles

  • Smith Ranch Park And Ride

    3.49 miles

  • Panama Hotel

    0.56 miles

  • Motel 6

    0.77 miles

  • Gerstle Park Inn

    0.87 miles

  • Villa Inn

    0.93 miles

  • Marin Lodge

    1.02 miles

  • Courtyard San Francisco Larkspur Landing/Marin County

    1.71 miles

  • Extended Stay America

    2.26 miles

  • Embassy Suites by Hilton San Rafael Marin County

    2.41 miles

  • Marin Suites Hotel

    2.64 miles

  • Best Western Corte Madera Inn

    2.80 miles

  • United Markets

    0.09 miles

  • Sprouts Farmers Market

    0.19 miles

  • Whole Foods Market

    0.24 miles

  • Trader Joe's

    0.28 miles

  • Jasmine Market Mediterranean Groceries

    0.31 miles

  • Safeway

    0.43 miles

  • Bret Harte Super Grocery

    0.56 miles

  • TJ Maxx

    0.65 miles

  • Grocery Outlet

    1.07 miles

  • Ross

    1.07 miles

Contact Listing Broker
Seth Hubbert

NAI Norcal

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