Dave Peterson 7075281400 x 210
Trevor Mallett 7075281400

1343 Cleveland - 1343 Cleveland Ave. 0.68 Acres of Commercial Land Offered at $875,000 in Santa Rosa, CA 95401

EXECUTIVE SUMMARY

4 contiguous parcels on the signalized corner of Cleveland Avenue / Francis Street. GC/SA zoning provides for general commercial or multi-family development. CG Zoning provides the potential for 20 units on this site plus SA zoning provides potential for 50-100% low income housing density bonus. Hwy 101 visibility, 1/2 mile to Coddingtown retail amenities (Macy's, Whole Foods, Target, Dicks Sporting Goods), easy Hwy 101 access via College Avenue. Located 1/2 block from potential pedestrian Hwy 101 overcrossing which is in the planning stages to connect Cleveland Avenue to the SR Junior College.

1343 Cleveland Ave

PROPERTY FACTS

Price	$875,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units - Condo Convenience Store Drugstore Fast Food General Freestanding Health Club Restaurant Retail Warehouse Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
No. Lots	1	Total Lot Size	0.68 AC
Property Type	Land	Cross Streets	Frances St.
Zoning	CG-General Commercial - GC/SA - General Commercial / North Station Area

Price	$875,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Mixed Use Multifamily Apartment Units - Condo Convenience Store Drugstore Fast Food General Freestanding Health Club Restaurant Retail Warehouse Storefront Storefront, Retail or Office Storefront, Retail or Residential Strip Center
Total Lot Size	0.68 AC
Cross Streets	Frances St.
Zoning	CG-General Commercial - GC/SA - General Commercial / North Station Area

1 LOT AVAILABLE

Lot

Price	$875,000	Lot Size	0.68 AC
Price Per AC	$1,290,547.15

Price	$875,000
Price Per AC	$1,290,547.15
Lot Size	0.68 AC

4 contiguous parcels on the signalized corner of Cleveland Avenue / Francis Street. GC/SA zoning provides for general commercial or multi-family development. SA zoning provides potential for 50-100% low income housing density bonus.

DESCRIPTION

4 contiguous parcels on the signalized corner of Cleveland Avenue / Francis Street. GC/SA zoning provides for commercial or multi-family development. Station Area zoning provides potential for 50-100% low income density bonus. APNs 012-0821-010; 012; 013; 014 totaling +/-29,534sf. City is in planning stages to construct a bike/pedestrian bridge over Hwy 101 from Cleveland Avenue to the Santa Rosa JC. The location of the crossing is just North of the property and would provide an opportunity for a developer to tap into the housing needs of the +/-36,000 junior college students.