Leased Investment - Remodeled Commercial Bldg

2,848 SF | 100% Leased | Office Building | Santa Rosa, CA 95404 | $1,249,000 ($439/SF) | 4.61% Cap Rate

Asking Price $1,249,000

Property Type: Office
Square Feet: 2,848 SF
Price / Square Foot: $439

Listing Contacts

Rhonda Deringer

Verified Profile

Property Info

Property Overview

• 2,918+/- sf - Commercial Building - Concrete block & wood frame construction & glass storefront
• Potential for 2 - 3 units - separate meters
• 5,663+/- sf Lot - 6+ parking spaces @ rear & street parking
• Floor plan consists of:
• 1619 4th Street (Remodeled)
• 2,318+/- sf - Divisible to 1,000+/- sf - Currently leased to Better Homes & Gardens
• Multiple private offices, 2 restrooms, kitchen, reception, waiting room, storage closets, 2 front & 3 rear doors, 8 skylights
• 2 HVAC units/controls/zones
• 1617 4th Street (Barber Shop)
• 530+/- sf - Rented to Michael’s Barber Shop w/2 shampoo bowls, 2 storage rooms (1 sink), restroom, heat & air units
• Roof improvements (portion), gutters, AC, flooring, electrical work upgrades, interior paint & exterior awning
• PD Zoning allows for office, retail, medical uses
- Check with City of Santa Rosa
• Excellent location on main street with building signage
• Santa Rosa, historic Proctor Terrace neighborhood
1619 4TH STREET: The 2,318+/- sq. ft. fully renovated space with ADA accessibility, $200K of permitted improvements spent.
UPGRADES INCLUDE:
• Floors
• Brick walls
• ADA lift
• Two ADA restrooms
• Electrical wiring throughout
• LED lighting throughout
• Solid wood doors
• Dishwasher
• Phone booth - Room

Property Details

Class: B
Year Built: 1946
Stories: 1
Lot Size (sq. ft): 5,663 SF

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