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Bought with Dorothy A Beattie • HomeSmart Advantage Realty
$3,100,000
$4,000,000
22.5%For more information regarding the value of a property, please contact us for a free consultation.
22,080 SqFt
SOLD DATE : 12/30/2021
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 22,080 sqft
Price per Sqft $140
MLS Listing ID 321084941
Sold Date 12/30/21
HOA Y/N No
Lot Size 2 Sqft
Property Sub-Type Industrial
Property Description
Investment or Development Opportunity. Parcel 6 contains an older brick building approximately 22,080 square feet leased to 2 tenants, a dance studio and a theater group. Parcel 14 is a lot located to the south of lot 6. Both tenants would like to remain in the property. Current rents are below market. Santa Rosa Playhouse lease expires 7/31/2023 they may have a 10-year option to extend at current market rent. The Dance Center is currently on a month-to-month rental arrangement. They have stated they would like to stay in the property.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Zoning SMU-DSA-H (Station Mixed Use)
Building
Story 1
Level or Stories 1
Others
Special Listing Condition None
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