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451 College Ave 2,761 SF Vacant Office Building Santa Rosa, CA 95401 $1,007,843 CAD ($365.03 CAD/SF) 5.50% Cap Rate


INVESTMENT HIGHLIGHTS
- High visibility office building on busy downtown corridor with easy access to Highway 101. Great parking with access off of College Avenue.
- Some offices are currently rented month to month, but most of the building is currently waiting for new owner.
- Open floor plan with several private offices that can be used by owner user or leased out for additional income.
- Iconic building for you to begin a new business legacy. This building location puts you on the map! First time on the market since 1961.
EXECUTIVE SUMMARY
Location, location, location. High visibility office building on busy downtown corridor with easy access to Highway 101. Plenty of parking with access from College Avenue and a business alley behind the building. 10 private parking spots in back. The building consists of 3333 sq feet with an open floor plan and several private suites that can be a part of the owner user's business or leased out separately for additional income until your growing needs absorb the entire building. Several private offices are currently rented out, but are month to month for your future needs, meaning there is flexibility. New owner can have the building in its entirety or buy it with the current tenants in place; the bulk of it is currently waiting for the next user. Iconic building with same successful owner/user for over 40 years. Pest report on file, some cosmetic updating could be done, but is a solid building in outstanding area that most businesses would want to be located-This location puts your business "ON THE MAP" with our Santa Rosa community.
DATA ROOM Click Here to Access
- Investigations
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
2,761 SF
Building Class
C
Year Built
1946
Price
$1,007,843 CAD
Price Per SF
$365.03 CAD
Cap Rate
5.50%
NOI
$55,431 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,380 SF
Slab To Slab
8’
Building FAR
0.40
Lot Size
0.16 AC
Zoning
CITYSR - General Commercial/Office
Parking
10 Spaces (3.62 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Kitchen
- Central Heating
- Fully Carpeted
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 180-760-069 | Total Assessment | $188,134 CAD |
| Land Assessment | $76,073 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $112,062 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
180-760-069
Land Assessment
$76,073 CAD
Improvements Assessment
$112,062 CAD
Total Assessment
$188,134 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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451 College Ave
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