3000 Cleveland Ave - Office FOR SALE


Santa Rosa, CA 95403- Outer Santa Rosa
$1,250,000 USD
707-480-9730
3000 Cleveland Ave, Santa Rosa, CA for Sale
$1,250,000 USD
Office - FOR SALE
1/31
null | 4% Cap Rate

3000 Cleveland Ave
Santa Rosa, CA 95403
Outer Santa Rosa


HIGHLIGHTS

  • Seller financing
  • Plans Available to Convert to Apartments
  • Small Tenants

OVERVIEW

3000 Cleveland Avenue presents a unique opportunity with in place income and strong future development potential. The two building, two story property features a functional layout centered around multiple interior courtyards with exterior entrances to the units. The mid century design is evident in the buildings amenities such as wood construction, open layout concrete staircases, planter areas, skylit courtyards, metal entry gates, second floor pitched wood ceilings with beams and a general sense of a solid building with lots of parking. There is seller financing available on this property. Current gross income may be increased by leasing out vacant units and rewriting the agreements which are currently month to month. Having a mix of small business tenants allows flexibility for the owner to plan a conversion to apartments. The plans for the possible conversion are included with the sale.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

LO

APN/PARCEL ID

015-491-023

ASK ABOUT THIS PROPERTY

Rosemarie CorriganArtisan Sotheby's Int'l RealtyMore Info
707-480-9730

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Rosemarie CorriganArtisan Sotheby's Int'l RealtyMore Info
707-480-9730

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