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Faits saillants de l'investissement
- Add value opportunity with strong existing income from National tenant.
Résumé de l'annonce
1200 Sonoma Ave
The front building at 1200 Sonoma Ave, covering 8,725± square feet, is a vacant shell, presenting a unique opportunity for customization. With a significant portion of its interior reduced to stud wall framing, this single-story building is a blank canvas, ready for tailored renovations to suit a variety of uses: Office (Permitted) or Multi-Family Residential (with a Use Permit). The expansive 58,806± square foot lot enhances the property’s appeal, offering ample parking and flexibility for future development or tenant-specific improvements. Situated in the heart of Santa Rosa, this property benefits from its proximity to key business and medical hubs, making it a versatile investment with significant value-add potential. SEE ATTACHED HIGHEST AND BEST USE ANALYSIS
1210 Sonoma Ave
Discover a prime commercial opportunity at 1200 & 1210 Sonoma Ave, Santa Rosa, CA 95404, featuring two office buildings totaling approximately 12,655± square feet on a single 1.35± acre parcel in a desirable Commercial Office (CO) zoning district. The back building at 1210 Sonoma Ave, measuring 3,930± square feet, is in excellent condition and fully leased to Sutter Bay Medical Foundation, a reputable tenant. This well-maintained building offers modern amenities, including ADA accessibility, forced air central heating, and a concrete perimeter foundation, making it ideal for professional or medical office use. With 55 parking spaces and a strategic location in Santa Rosa’s thriving commercial corridor, this property provides immediate operational stability for investors or owner-occupants.
Highest & Best Use
Several comparable office buildings in Santa Rosa have been successfully converted to multi-family residential properties, suggesting a viable repositioning strategy for the 1200 building. This analysis assesses whether maintaining both properties as office use or converting the 1200 building to multi-family residential (apartments)use (while retaining the 1210 building as a medical office) represents the highest and best use of the subject property. SEE ATTACHED HIGHEST AND BEST USE ANALYSIS
The front building at 1200 Sonoma Ave, covering 8,725± square feet, is a vacant shell, presenting a unique opportunity for customization. With a significant portion of its interior reduced to stud wall framing, this single-story building is a blank canvas, ready for tailored renovations to suit a variety of uses: Office (Permitted) or Multi-Family Residential (with a Use Permit). The expansive 58,806± square foot lot enhances the property’s appeal, offering ample parking and flexibility for future development or tenant-specific improvements. Situated in the heart of Santa Rosa, this property benefits from its proximity to key business and medical hubs, making it a versatile investment with significant value-add potential. SEE ATTACHED HIGHEST AND BEST USE ANALYSIS
1210 Sonoma Ave
Discover a prime commercial opportunity at 1200 & 1210 Sonoma Ave, Santa Rosa, CA 95404, featuring two office buildings totaling approximately 12,655± square feet on a single 1.35± acre parcel in a desirable Commercial Office (CO) zoning district. The back building at 1210 Sonoma Ave, measuring 3,930± square feet, is in excellent condition and fully leased to Sutter Bay Medical Foundation, a reputable tenant. This well-maintained building offers modern amenities, including ADA accessibility, forced air central heating, and a concrete perimeter foundation, making it ideal for professional or medical office use. With 55 parking spaces and a strategic location in Santa Rosa’s thriving commercial corridor, this property provides immediate operational stability for investors or owner-occupants.
Highest & Best Use
Several comparable office buildings in Santa Rosa have been successfully converted to multi-family residential properties, suggesting a viable repositioning strategy for the 1200 building. This analysis assesses whether maintaining both properties as office use or converting the 1200 building to multi-family residential (apartments)use (while retaining the 1210 building as a medical office) represents the highest and best use of the subject property. SEE ATTACHED HIGHEST AND BEST USE ANALYSIS
Faits sur la propriété
| Prix | 3 023 159 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 232,55 $ CAD / pi² | Individuellement en vente | 0 |
| Condition de vente | Projet de redéveloppement | Taille totale du bâtiment | 13 000 pi² |
| Type de vente | Investissement ou propriétaire utilisateur | Superficie totale du terrain | 2,70 AC |
| Statut | Actif |
| Prix | 3 023 159 $ CAD |
| Prix/pi² | 232,55 $ CAD / pi² |
| Condition de vente | Projet de redéveloppement |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 13 000 pi² |
| Superficie totale du terrain | 2,70 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 1200 Sonoma Ave, Santa Rosa, CA 95405 | Bureau | 9 620 pi² | 1959 | - |
| 1210 Sonoma Ave, Santa Rosa, CA 95405 | Bureau | 3 380 pi² | 1959 | - |
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1200 & 1210 SONOMA AVE
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