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18590-18594 Sonoma Hwy 4,315 SF 100% Leased Retail Building Sonoma, CA 95476 For Sale
Investment Highlights
- New Construction (2017)
- Highway 12 Frontage With Strong Curb Appeal
- In-Place Tenancy
- Prime Sonoma Location
Executive Summary
*Bankruptcy Sale* Any purchase of this property will be subject to approval of the Bankruptcy Court. The offering consists of a newly constructed, two-story freestanding wood-frame building totaling approximately 4,315 SF, featuring ground-floor multi-tenant retail space and 2 bd / 2 ba apartment units on the second floor, situated on a commercial-zoned 0.27-acre lot. The retail tenancy is comprised of two locally operated businesses: Danny Valencia Fitness and Spa Body & Foot Massage. Current estimated income $10.2k/month.
The sale is subject to Bankruptcy Court approval and potential overbid procedures.
The sale is subject to Bankruptcy Court approval and potential overbid procedures.
Property Facts Under Contract
Sale Type
Investment
Sale Condition
Distress Sale
Property Type
Retail
Property Subtype
Building Size
4,315 SF
Building Class
B
Year Built
2017
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
CO - Limited Commercial
Parking
8 Spaces (1.85 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 056-501-061 | Improvements Assessment | $2,142,673 CAD |
| Land Assessment | $857,069 CAD | Total Assessment | $2,999,742 CAD |
Property Taxes
Parcel Number
056-501-061
Land Assessment
$857,069 CAD
Improvements Assessment
$2,142,673 CAD
Total Assessment
$2,999,742 CAD
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18590-18594 Sonoma Hwy
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