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Executive Summary

145 3rd Street presents a rare prime commercial real estate opportunity in the heart of downtown Railroad Square. Currently owner-occupied, with one tenant leasing the warehouse space, the property offers immediate functionality along with meaningful upside for an investor or owner-user seeking flexible income potential.
The building’s efficient square configuration and minimal interior support walls make reconfiguring the space remarkably straightforward. The layout can easily be adapted to accommodate multiple tenants, creating the opportunity to increase rental income and maximize the property’s long-term value.
Adding to its appeal, the sale includes a second parcel that provides gated private parking, an exceptional and hard-to-find feature in downtown Railroad Square. The property also benefits from easy access and strong visibility from highway 101, and is ideally located near hotels, the SMART Train, restaurants, shopping, and other downtown amenities. This is a versatile, well-located asset in a highly desirable commercial corridor with excellent accessibility, visibility, and future potential.

Attachments

Flyer

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,568 SF
Building Class
C
Year Built
1990
Price
$5,499,838 CAD
Price Per SF
$353.28 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Lot Size
0.39 AC
Zoning
SMU-H - Station Mixed Use – Historical
Parking
27 Spaces (1.73 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Storage Space

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

In 1990 David and Mary Astobiza opened the first European Comfort Shoe Store in Santa Rosa California featuring brands noted for their attributes in the promotion of foot health, a new concept at the time. It was from these humble beginnings that today’s Sole Desire has emerged as the leading independent premier women’s retail footwear company in Northern California. Embraced by the community for their quality and service for over twenty years, sons David and Daniel have taken their parents dream and added their own energy, passion and drive while challenging themselves to move forward and striving to improve every facet of business without compromising the company’s core values. Keeping Sole Desire relevant in today’s changing marketplace both in assortment and in selection remains their top priority. They are dedicated to serving you, their customer.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - $9.99 Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • A
  • 3,900 SF
  • Office/Retail
  • -
  • 60 Days

Suite A: 3,900+/- SF Best for boutique retail, showroom, wellness, studio, service, or creative use.

  • B
  • 7,410 SF
  • Office/Retail
  • -
  • Now

Suite B: 7,410+/- SF Best for larger showroom, fitness, experiential retail, training, recreation, creative office, or hybrid retail/service use.

Space Size Space Use Position Available
A 3,900 SF Office/Retail - 60 Days
B 7,410 SF Office/Retail - Now

A

Size
3,900 SF
Space Use
Office/Retail
Position
-
Available
60 Days

B

Size
7,410 SF
Space Use
Office/Retail
Position
-
Available
Now

A

Size 3,900 SF
Space Use Office/Retail
Position -
Available 60 Days

Suite A: 3,900+/- SF Best for boutique retail, showroom, wellness, studio, service, or creative use.

B

Size 7,410 SF
Space Use Office/Retail
Position -
Available Now

Suite B: 7,410+/- SF Best for larger showroom, fitness, experiential retail, training, recreation, creative office, or hybrid retail/service use.

Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100

Nearby Major Retailers

CrossFit
Charles Schwab
Chevys Fresh Mex
Surf City Squeeze
Starbucks
WaFd Bank
Westamerica Bank
Mechanics Bank
Columbia Bank
Tri Counties Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 010-075-011
  • 010-075-012
Land Assessment
$1,624,731 CAD
Improvements Assessment
$3,493,184 CAD
Total Assessment
$5,117,915 CAD
  • Listing ID: 39055278

  • Date on Market: 2026-01-12

  • Last Updated:

  • Address: 145 3rd St, Santa Rosa, CA 95401

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