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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

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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.

ATTACHMENTS

Scan (43)

DATA ROOM Click Here to Access

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
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

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
  • Listing ID: 37642417

  • Date on Market: 2025-09-11

  • Last Updated:

  • Address: 451 College Ave, Santa Rosa, CA 95401

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