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  1. Commercial Properties
  2. CA
  3. San Rafael

255 Channing Way

For Sale

255 Channing Way, San Rafael, CA 94903

Nestled in a quiet, residential neighborhood, the subject property offers easy access to nearby amenities, including shopping centers, restaurants, and parks. The area is known for its scenic views and tranquil surroundings, providing a peaceful environment for residents. The property benefits from its proximity to major highways, making commuting to San Francisco and other nearby cities convenient. Public transportation options are also readily available, adding to the ease of getting around. Residents of 255 Channing Way enjoy a community-oriented atmosphere with access to top-rated schools and local recreational facilities. The neighborhood is ideal for families and professionals looking for a balance between suburban living and urban convenience.This 14-unit apartment building offers a turn key investment opportunity in a sought-after area. The property has been well-maintained and features recently remodeled units, including new floors, updated kitchens, and modern appliances. Each apartment is spacious, with plenty of natural light throughout. The building benefits from a history of strong occupancy rates and high rental demand, providing steady income potential. Additionally, it has been optimized for low operating costs with separate PG&E meters and a partial Ratio Utility Billing System (RUBS) in place. Ideal for investors, this property offers long-term stability and an attractive return on investment due to its solid rental market and low expenses.

Key features

  • Ideal Location in Highly Desirable Quiet, Upscale Neighborhood
  • Low Expense Building, Separately Metered PG&E, Partial RUBs in Place
  • Meticulously Maintained with Significant Capital Invested
  • Rare Fourteen Unit Property in San Rafael, CA
  • Remodeled Units with New Floors, Updated Kitchens, New Appliances
  • Solid Historic Occupancy and High Rent Demand
  • Unrivaled Views, Spacious Units with Lots of Sunlight

Building Details

  • For Sale $6,000,000
  • Property Type Multi-Family
  • Property Size 13,300 SF
  • Units 14
  • Lot Size 0.71 Acre
  • Additional Rent Price on request
  • Parking Spaces Avail. 2
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Jan 23, 2025
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Contacts

broker
Michael Johnston

HomeServices of America

Location

  • City San Rafael, CA
  • Zip Code 94903
  • Market San Francisco
  • Map
  • Street
  • Walk score 36/100 Car-Dependent
  • Transit score 39/100 Some Transit
  • Bike score 15/100 Somewhat Bikeable
Powered by Walk Score ®

Points of Interest

Marin Civic Center

0.56 miles

Larkspur

4.44 miles

Novato Downtown

6.87 miles

Shell

0.47 miles

Chevron

0.50 miles

Valero

0.50 miles

Gateway Gas

0.50 miles

76

0.52 miles

ChargePoint

0.76 miles

Northgate Gas / Marin Smog

0.98 miles

Redhill 76 Circle K

2.57 miles

MCE Solar Charge

2.57 miles

Tesla Supercharger

2.57 miles

Smith Ranch Park And Ride

0.74 miles

Las Gallinas Valley

1.50 miles

Lincoln Park And Ride

1.51 miles

MISSION AVE Park and Ride

2.56 miles

Hetherton Park And Ride

2.71 miles

Alameda Del Prado Park And Ride

2.73 miles

Fairfax Parkade

3.25 miles

Museum Parking

3.47 miles

Golden Gate Ferry Parking

4.51 miles

Enterprise

3.40 miles

Hertz

3.75 miles

BlueWave Express Car Wash

3.81 miles

Shineology

5.02 miles

Mill Valley Express Hand Car Wash

7.49 miles

Subway

0.29 miles

Black Bear Diner

0.40 miles

The Habit

0.48 miles

Applebee's

0.54 miles

BJ's

0.56 miles

Round Table Pizza

0.59 miles

Calgang

0.60 miles

Sonoma Taco Shop

0.62 miles

Panera Bread

0.63 miles

Roadside BBQ

0.63 miles

Macy's

0.53 miles

Northgate Mall

0.62 miles

Kohl's

0.66 miles

Safeway

0.68 miles

Scotty's Market

1.35 miles

Marinwood Market

1.62 miles

Andy's Sun Valley Market

1.98 miles

United Market

2.43 miles

Andronico's Community Market

2.68 miles

Quick n Easy Grocery Wine & Liquor

2.75 miles

Marin Health Urgent Care

0.37 miles

Rite Aid

0.47 miles

Walgreens

0.56 miles

Marin County Sheriff

0.77 miles

San Rafael Fire Station 57

0.86 miles

Kaiser Permanente San Rafael Park Medical Offices

0.88 miles

Kaiser Permanente San Rafael Medical Center

1.07 miles

Jeannette Prandi Children's Center

2.10 miles

Central Fire Station

2.44 miles

Ross Valley Fire District (Station 20)

2.51 miles

Listing Summary

  • Property Financials

    255 Channing Way is currently listed for sale at $6,000,000 for a price per square foot of $451.13.

  • Property Details

    255 Channing Way totals 13,300 square feet of Multi-Family space on a lot spanning 0.71 acres. The property was initially built in 1965.

    Tenancy at 255 Channing Way is listed as Multi-Tenant, comprising a total of 14 units. There are a total of 2 parking spaces available onsite.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 36, indicating that it is car-dependent.

Contact Michael Johnston
broker
Michael Johnston

HomeServices of America

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