516 Canal Street

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Active
$2,500,000
20,699 Lot Size0.48 Acres
516 Canal St, San Rafael, CA 94901
Est: $15,669/moGet pre-approved
LandProperty Type
0.48 acresLot Size

Description

Owner will carry first loan with adequate down payment. Land is in a Qualified Opportunity Zone offering tax benefits. Two adjoining lots for sale comprising 20,700 square feet. 014-191-05 and 014-191-06 Plans available on request to construct 28 units with a possiblity of additional units with SB 330 waivers. Waterfront on San Rafael Canal. Docks may be possible. Former building was 18 residential units. Property within 1 mile of transit center, which may qualify for reduced parking requirements...Owner will carry first loan with adequate down payment. Land is in a Qualified Opportunity Zone offering tax benefits. Two adjoining lots for sale comprising 20,700 square feet. 014-191-05 and 014-191-06 Plans available on request to construct 28 units with a possiblity of additional units with SB 330 waivers. Waterfront on San Rafael Canal. Docks may be possible. Former building was 18 residential units. Property within 1 mile of transit center, which may qualify for reduced parking requirements and other development benefits.
3 days on Market
  • Listed by: Scott Bassin DRE #01805049 Brokerage DRE #01805049 • Scott Irwin Bassin
Last updated: 10/02/2026 10:35 AM • Source: REBAREIS, MLS#: 326069190

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Listing Courtesy of Scott Irwin Bassin, Scott Bassin, DRE #01805049
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$15,669 per month

30 year fixed, 7.03% Interest

Principal and Interest

$13,346

Property Taxes

$2,323

HOA Dues

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Property Information for 516 Canal Street

Property Details
  • MLS Type: Land / Residential Lot
  • County: Marin County
  • Zoning Description: Multi-Residential
  • View Description: Mountains, Mt Tamalpais, Water
  • Cross Street: Harbor
Building Information
  • Lot Size: 0.48 AC
Summary
Location and General Information
  • Area/District: San Rafael
  • Area Short Display: A2300
  • Directions to Property: 101 exit Bellum, right on East Francisco Blvd, to Harbor St, right on Canal Street
  • Area Long Display: San Rafael
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 014-191-05
School Information
  • School District (County): Marin
  • Elementary School District: San Rafael City Schools
  • Middle or Junior School District: San Rafael City Schools
  • Senior High School District: San Rafael City Schools
Virtual Tour
  • Virtual Media Count: 3
Property
Lot Information
  • Lot Size Source: Owner
  • Lot Size Square Feet: 20700.0
  • Lot Features: Street Light(s)
  • Road Frontage Type: City Street
  • Soil: Unknown
  • Vegetation: None
  • Crops: None
  • # of Lots: 2
Property and Assessments
  • Current Use: Residential
  • Picture Count: 18
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Possible Use: Residential
  • Road Responsibility: Public Maintained Road
  • Development Status: Building Site Cleared, Finished Lot(s), Improvement Plans Available
Utilities
  • Perc Test/Septic Design: None
  • Electric: Electric Available
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Utilities: Natural Gas Available, Phone Available, Public, Sewer Available, Underground Required, Underground Utilities, Water Connected
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
  • Fencing: Chain Link
  • Height Limit: Unknown

Property History for 516 Canal Street

DateEvent & SourcePriceAppreciation
Sep 30, 2026

Listed (Active)

REBAREIS #326069190

$2,500,000—
DateEvent & SourcePrice
09/30/2026

Listed (Active)

REBAREIS #326069190

$2,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 516 Canal Street

Taxable ValueLand$333,664Additions-Total$333,664
Tax Record2025$27,874 ($2,323 / month)
Home Facts
Beds0Baths9Total Finished SqFt5,746 SqFtAbove Grade Finished SqFt5,746 SqFtLot Size9,600 SqFtStyleResidentialYear Built1987Year Renovated1987CountyMARINAPN014-191-05

Schools near 516 Canal Street

This home is within San Rafael City Elementary School District.
Rating
School
Type
Grades
Distance
San Pedro Elementary School
Public - K to 5
James B. Davidson Middle School
Public - 6 to 8
Terra Linda High School
Public - 9 to 12
San Rafael High School
Public - 9 to 12
Rating
School
Distance
San Pedro Elementary School
PublicK to 5

James B. Davidson Middle School
Public6 to 8

Terra Linda High School
Public9 to 12

San Rafael High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 516 Canal Street, San Rafael, CA 94901

516 Canal Street is a 0.48 ac of land for sale in San Rafael, CA 94901. This property was listed for sale on September 30, 2026 by Scott Irwin Bassin, it's currently listed at $2,500,000. This listing's school districts are San Rafael City High School District, San Rafael City Elementary School District. Nearby schools include San Pedro Elementary School, James B. Davidson Middle School and Terra Linda High School. 516 Canal Street is a 0-bed, 0-bath 0.48 ac of land on a 20,699 sq. ft. / 0.48 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Scott Irwin Bassin, Scott Bassin, DRE #01805049

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.