3000 Cleveland Avenue

Description

3000 Cleveland Avenue presents a unique opportunity to acquire a well maintained office building with in place income and strong future development potential. The two story property features a functional layout centered around multiple private interior courtyards, offering abundant natural light, mature landscaping, and a professional campus style setting. The property includes several office suites currently occupied by tenants providing immediate income with flexibility for an investor or owner user. Amenities include secure gated access, ample on site parking, and an ADA compliant restroom on the ground floor, supporting a variety of office uses. In addition to its current use, the property offers compelling upside through potential redevelopment. Preliminary plans have been initiated for the conversion to a 14 unit multifamily project (13 one-bedroom units and 1 studio). The property benefits from zoning that supports multifamily use, and the City of Santa Rosa has been favorable toward housing development. Buyers to verify all development potential with the City. Seller financing is available, creating an attractive opportunity for investors seeking flexible terms and reduced upfront capital requirements. An ideal opportunity for investors, developers, or owner users looking for a versatile asset with both current cash flow and long-term upside in a central Santa Rosa location.