1038 4th St - Office FOR SALE


Santa Rosa, CA 95404- Memorial Hospital
$825,000 USD
707-694-1619
1038 4th St, Santa Rosa, CA for Sale
$825,000 USD
Office - FOR SALE
1/14
null | Request Cap Rate

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1038 4th St
Santa Rosa, CA 95404
Memorial Hospital


HIGHLIGHTS

  • Below-market in-place rents create near-term upside at renewal or turnover
  • Ten private on-site parking spaces plus street parking — rare this close to downtown
  • 4th Street frontage with high visibility, walkable to downtown dining and retail
  • Flexible CG zoning supports office, medical, personal care, wellness, and retail

OVERVIEW

W Commercial is pleased to present 1038 4th Street — a two-story, five-unit office and retail building steps from downtown Santa Rosa, available for sale or for lease. Zoned CG (General Commercial) on a ±5,670 SF lot with 4th Street frontage, the property includes ten private on-site parking spaces, a genuine rarity this close to the downtown core. Four suites are occupied by established personal-care and service businesses, providing immediate cash flow, while the largest suite — ±800 SF with a private restroom, reception area, and three treatment rooms — is available now, either to lease directly or to occupy as part of a purchase. For a buyer, that vacancy creates a clear owner-user path: occupy the building’s best space while in-place income from four tenants helps carry ownership costs. Rents across the occupied suites sit meaningfully below market, and with several tenancies on month-to-month or short-term structures, there’s a low-friction path to mark rents to market over time. The building is offered for sale at $825,000 (±$284/SF), or Suite 4 alone is available for lease at $2.00/SF gross.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,662 SF

ZONING

CG General Commercial

APN/PARCEL ID

009-092-005

ASK ABOUT THIS PROPERTY

Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

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Stephen SkinnerW Commercial Real EstateMore Info
707-694-1619

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.