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887 Sebastopol Road

Santa Rosa, CA 95407
  • $2,100,000
  • STATUS: Closed
  • ON SITE: 463 Days
  • ID#: 323014345
Sold - 06/01/2023
$2,100,000
SOLD - 06/01/2023
  • 0
    BEDS
  • 1.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,250
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

Description

Metal warehouse building fully leased to 4 tenants. Two buildings, one with sprinklers. Zoning is R-3-18 and located in an Opportunity Zone. All tenants are month to month, with the exception of one, whose lease expires May 31, 2023. All rents are well below market. Each Building has it's own electrical supply, multiple meters. Property is secure with one ingress/egress entry point with a gate. Individual units are modest with minimal build out, restroom electrical panel and some have office space. Warehouse space remains difficult to find in the market and rents remain healthy. The Boys and Girls club is completing a brand new $17M facility directly south of the subject property, with a Spring 2023 open date. MidPen Housing is working on 175 unit mixed use housing project to the east. This neighborhood is going through significant change and will continue to do so as other projects take shape. Great opportunity to raise rents to market and hold long term.

Sold by William Severi of North Bay Property Advisors.

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© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2024-06-16T20:56:13.967.
www.hiraethhomes.com/homes/137618634
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887 Sebastopol Road Santa Rosa, CA 95407

  • Price: $2,100,000
  • Status: Closed
  • On Site: 463 Days
  • Updated: 160 min ago
  • ID#: 323014345
0
Beds
0
Baths
0
½ Baths
1.05
Acres
20,250
SQFT
$0
$/SQFT
1974
Built
Neighborhood:
Santa Rosa-Southwest
County:
Sonoma
Area:
Santa Rosa-Southwest
Property Description
Metal warehouse building fully leased to 4 tenants. Two buildings, one with sprinklers. Zoning is R-3-18 and located in an Opportunity Zone. All tenants are month to month, with the exception of one, whose lease expires May 31, 2023. All rents are well below market. Each Building has it's own electrical supply, multiple meters. Property is secure with one ingress/egress entry point with a gate. Individual units are modest with minimal build out, restroom electrical panel and some have office space. Warehouse space remains difficult to find in the market and rents remain healthy. The Boys and Girls club is completing a brand new $17M facility directly south of the subject property, with a Spring 2023 open date. MidPen Housing is working on 175 unit mixed use housing project to the east. This neighborhood is going through significant change and will continue to do so as other projects take shape. Great opportunity to raise rents to market and hold long term.
Exterior Features

Foundation Details Slab Parking Total 0

Interior Features

Floor 0

Property Features

Auction No Availability Date 1800-01-01 Buyer Financing Private Current Use Warehouse Dock Doors 0 Electric 200 To 400 Amp ServiceSeparate Electric Meter Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Loading 12' Roll Up Door Office Sq Ft 0 Percent Office 0 Property Sub Type Warehouse Property Type Commercialsale Retail Sq Ft 0 Security Features Security FenceSecurity Gate Sewer Public Sewer Structure Type Warehouse Warehouse Sq Ft 0 Water Source Public

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Nick Abbott of North Bay Property Advisors: .


© 2024 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hiraeth Homes. Data last updated: 2024-06-16T20:56:13.967.
 
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Santa Rosa CA, 95403