Sold
887 Sebastopol Rd
Santa Rosa CA, 95407
$2,100,000
$103.70 per sqft
Sold
20,250 sqft
Commercial
Built in 1974
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.
323014345
MLSⓇ ID
February 16, 2024
Updated
Map
887 Sebastopol Rd
Santa Rosa CA, 95407
Interior Features
Total Stories
0
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.05 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Santa Rosa-Southwest
Garage
No
Parking Total
0
View
No
County
Sonoma
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
Bought with William Severi with North Bay Property Advisors and Listed by Nick Abbott with North Bay Property Advisors
Listing Contact:
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