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Ron Sharma

ronsharma@ronsharma.com +1(925) 291-5228

Listed by William Severi • North Bay Property Advisors • 01357548 • 01357548 • North Bay Property Advisors
Nick Abbott • 01357548 • North Bay Property Advisors

$ 2,221,000

Est. payment -/mo

Save

Active

1200 Sonoma AVE #1210 Santa Rosa, CA 95405

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 325077496

Construction Status Exterior-Good,Interior-Good

HOA Y/N Yes

Property Sub-Type Office

Property Description

1200 Sonoma Ave An 8,725 SF unoccupied shell on a 58,806 SF lot with stud wall framing, ideal for custom office (permitted) or multi-family (use permit) buildout. 1210 Sonoma Ave A 3,930 SF fully leased medical office (Sutter Bay Medical Foundation) on a 1.35 acre parcel with 55 parking spaces, ADA compliance, and strong in-place tenancy. Highest & Best Use Several comparable office buildings in Santa Rosa have been successfully converted to multi-family residential, suggesting a viable repositioning strategy for the 1200 building. This analysis evaluates whether retaining both properties as office use or converting 1200 to multi-family (with 1210 remaining medical office) represents the highest and best use. It factors in a 24-month stabilization period, depreciation, rental income, vacancy rates, operating expenses, reserves, improvement costs, purchase price, 50 percent loan-to-value debt service, Year 1 and 7-year pre- and post-tax cash-on-cash returns with sale, a 10-year hold without sale, and taxes on sale proceeds (27 percent capital gains, 25 percent depreciation recapture).

Location

State CA

County Sonoma

Area Santa Rosa-Northeast

Zoning CO - Commercial Office

Exterior

Garage Spaces 55.0

Building

Construction Status Exterior-Good,Interior-Good

Others

Special Listing Condition None

Bay Area Real Estate Info Services (BAREIS)

SCHOOLSPROPERTIES

Elementary Schools 20

10

Santa Rosa Accelerated Charter

Public | 5 - 6
9

Strawberry Elementary School

Public | 4 - 6
8

Yulupa Elementary School

Public | KG - 3
8

Rincon Valley Charter

Public | KG - 8
7

Robert L. Stevens Elementary School

Public | KG - 6
7

Sequoia Elementary School

Public | KG - 6
6

Sheppard Elementary School

Public | KG - 6
6

Roseland Charter

Public | KG - 12
6

Village Elementary Charter

Public | KG - 6
6

Madrone Elementary School

Public | KG - 6
6

Whited Elementary Charter

Public | KG - 6
6

Binkley Elementary Charter

Public | KG - 6
5

Bellevue Elementary School

Public | KG - 6
5

Stony Point Academy

Public | KG - 12
5

Kawana Elementary School

Public | KG - 8
5

Spring Creek Matanzas Charter

Public | KG - 6
4

Roseland Creek Elementary School

Public | KG - 6
4

Roseland Elementary School

Public | KG - 6
4

Meadow View Elementary School

Public | KG - 6
4

Santa Rosa Charter School for the Arts

Public | KG - 8

Middle Schools 6

0

Nueva Vista High School

Public | 7 - 12
0

Lewis Opportunity

Public | 7 - 12
0

Santa Rosa Middle School

Public | 7 - 8
0

New Horizon School & Learning Center

Private | 8 - 12
0

Herbert Slater Middle School

Public | 7 - 8
0

Rincon Valley Middle School

Public | 7 - 8

High Schools 9

10

Maria Carrillo High School

Public | 9 - 12
8

Santa Rosa High School

Public | 9 - 12
7

Montgomery High School

Public | 9 - 12
4

Elsie Allen High School

Public | 9 - 12
0

Midrose High School

Public | 9 - 12
0

Abraxis Charter

Public | 9 - 12
0

Ridgway High (Continuation)

Public | 9 - 12
0

Mesa High School

Public | 9 - 12
0

Sonoma Academy

Private | 9 - 12

School and business data provided by Attom Data.

Sharma Realty Advisors

Phone

+1(925) 291-5228

ronsharma@ronsharma.com

Address

3347 Mount Diablo Blvd, Lafayette, California, 94549, USA