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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