Description
Rare mixed-use opportunity in Santa Rosa's highly sought after McDonald District featuring two addresses: 1203 College Avenue (commercial) and 610 Stewart Street (residential income). This unique offering combines strong in place cash flow with exceptional flexibility for future use. 1203 College Avenue is a well positioned commercial building zoned PD (Planned Development), allowing for a wide range of potential uses including professional office, boutique retail, wellness, or service oriented businesses. The property benefits from excellent visibility along College Avenue and a functional layout adaptable to a variety of operations. The commercial space is also available for lease, offering flexibility for an owner-user or investor. Complementing the commercial component is 610 Stewart Street, a detached residential unit currently generating $3,300 per month in rental income, providing immediate and stable cash flow. The residential structure adds significant value and optionality for investors or those seeking a live/work setup. The property also features ample on site parking, a rare and valuable amenity in this established neighborhood. Situated just minutes from Downtown Santa Rosa and surrounded by historic character and strong demographics, this asset offers both immediate usability and long-term upside. A compelling opportunity to acquire a high visibility, income producing property in one of Santa Rosa's most iconic neighborhoods.
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School Ratings & Info
Description
Rare mixed-use opportunity in Santa Rosa's highly sought after McDonald District featuring two addresses: 1203 College Avenue (commercial) and 610 Stewart Street (residential income). This unique offering combines strong in place cash flow with exceptional flexibility for future use. 1203 College Avenue is a well positioned commercial building zoned PD (Planned Development), allowing for a wide range of potential uses including professional office, boutique retail, wellness, or service oriented businesses. The property benefits from excellent visibility along College Avenue and a functional layout adaptable to a variety of operations. The commercial space is also available for lease, offering flexibility for an owner-user or investor. Complementing the commercial component is 610 Stewart Street, a detached residential unit currently generating $3,300 per month in rental income, providing immediate and stable cash flow. The residential structure adds significant value and optionality for investors or those seeking a live/work setup. The property also features ample on site parking, a rare and valuable amenity in this established neighborhood. Situated just minutes from Downtown Santa Rosa and surrounded by historic character and strong demographics, this asset offers both immediate usability and long-term upside. A compelling opportunity to acquire a high visibility, income producing property in one of Santa Rosa's most iconic neighborhoods.
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