Bought with Douglas A Swanson • Artisan Sotheby's Int'l Realty
$662,000
$699,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
2,168 SqFt
SOLD DATE : 04/16/2021
Key Details
Sold Price $662,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 2,168 sqft
Price per Sqft $305
MLS Listing ID 321004922
Sold Date 04/16/21
HOA Y/N Yes
Year Built 1925
Property Sub-Type Office
Property Description
This 4th Street Office & Residential Apartment Building is near downtown Santa Rosa West of Bryden Lane. On the main entry floor, there are 3 office area's + 2 private offices. Upstairs offers a 1-bedroom apartment. An additional detached office & bath are located behind the main building. All three units have been remodeled throughout the interior & exterior. There's ample parking off-street with alley access behind the building, as well as parking in the front. There is additional on-street parking as well. Recently the main floor was used as a Home Care business but is set up to be used for a variety of business types including Legal Offices, Real Estate, Chiropractic, massage, Hair Salon, & much more... The recent rental income was $3,800 total per month, which equates to a 6.5 % CAP rate for future investment purposes. The apartment rents for $1,500/Mo. Enjoy excellent 4th street frontage, signage & a very desirable location adjacent to the McDonald District & downtown Santa Rosa.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Zoning PD 0226 Commercial
Interior
Heating Central
Cooling Central
Flooring Wood
Exterior
Garage Spaces 8.0
Utilities Available Cable Available, DSL Available
Roof Type Composition
Building
Lot Description Mid Block
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Special Listing Condition None
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