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635 Broadway
Sonoma, CA 95476
Office Property For Sale


EXECUTIVE SUMMARY
635 Broadway, the subject office building is arguably one of the finest properties of its type and size in theentire North Bay, and without question, the Town of Sonoma submarket. At approximately 3,942 square feet of gross building area over the building’s two floors, this boutique neighborhood office building is an ideal size for a single tenant, or two-tenant configuration as travel between floors is easy and convenient via an elevator.
The architectural design of the property is a contemporary Mission Style and a perfect complement to its Wine County location. Exterior materials are attractive, durable, and high quality. Interior tenant improvements continue the theme of top-level office finishes from the suspended ceiling system to the finished flooring. The building’s electrical system is augmented by a roof-mounted solar panel array. There is no question that in any competitive leasing environment, 635 Broadway Street will attract the finest tenants in the marketplace during any business cycle.
While currently fully leased, this trophy Wine Country asset would be a phenomenal acquisition for an owner-user who would occupy one half, or the entire building when the space(s) become available, or an arms-length investor looking to place capital in a quality, small-footprint office building in an high barriers to market location.
The architectural design of the property is a contemporary Mission Style and a perfect complement to its Wine County location. Exterior materials are attractive, durable, and high quality. Interior tenant improvements continue the theme of top-level office finishes from the suspended ceiling system to the finished flooring. The building’s electrical system is augmented by a roof-mounted solar panel array. There is no question that in any competitive leasing environment, 635 Broadway Street will attract the finest tenants in the marketplace during any business cycle.
While currently fully leased, this trophy Wine Country asset would be a phenomenal acquisition for an owner-user who would occupy one half, or the entire building when the space(s) become available, or an arms-length investor looking to place capital in a quality, small-footprint office building in an high barriers to market location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
4,020 SF
Building Class
B
Year Built
2007
Price
$1,935,500 CAD
Price Per SF
$481.47 CAD
Cap Rate
8.09%
NOI
$156,587 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,010 SF
Building FAR
0.37
Lot Size
0.25 AC
Zoning
Commercial - Office Building
Parking
11 Spaces (2.74 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 018-301-010 | Improvements Assessment | $1,541,696 CAD |
| Land Assessment | $879,623 CAD | Total Assessment | $2,421,319 CAD |
PROPERTY TAXES
Parcel Number
018-301-010
Land Assessment
$879,623 CAD
Improvements Assessment
$1,541,696 CAD
Total Assessment
$2,421,319 CAD
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