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Office Building for Sale - Close to Downtown 456 S E St 6,740 SF 50% Leased Office Building Santa Rosa, CA 95404 $1,599,000 ($237.24/SF)
INVESTMENT HIGHLIGHTS
- Immediate Income Opportunity
- On-Site and Street Parking Available with EV Charging Station
- Great Corner Exposure
- High Traffic Count
EXECUTIVE SUMMARY
Leased Investment Perfect for Hybrid Office Arrangement AND Boutique Development Possibilities!
This unique professional 6,740 SQFT office building has been a landmark for decades. The busy location is located on a traffic artery that funnels right off of Highway 12 to downtown Santa Rosa. This is a unique opportunity for high visibility sign for a business on the corner. The current occupant has a lease until 4/1/2026. The current lease
rate is $14,288 modified gross and the rent increases to $14,828 in April 2025. The property has a well maintained parking lot with 20 spaces and a bonus EV charging area. The zoning for this property is R3-18 and the Legal Non-Conforming use allows development of 10 legal residential units. The current owner has some preliminary plans and reports that can be shared with a new buyer.
This unique professional 6,740 SQFT office building has been a landmark for decades. The busy location is located on a traffic artery that funnels right off of Highway 12 to downtown Santa Rosa. This is a unique opportunity for high visibility sign for a business on the corner. The current occupant has a lease until 4/1/2026. The current lease
rate is $14,288 modified gross and the rent increases to $14,828 in April 2025. The property has a well maintained parking lot with 20 spaces and a bonus EV charging area. The zoning for this property is R3-18 and the Legal Non-Conforming use allows development of 10 legal residential units. The current owner has some preliminary plans and reports that can be shared with a new buyer.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,740 SF
Building Class
B
Year Built
1974
Price
$1,599,000
Price Per SF
$237.24
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,370 SF
Building FAR
0.42
Lot Size
0.37 AC
Zoning
R-3-18
Parking
20 Spaces (2.97 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 009-281-026 | Improvements Assessment | $1,445,573 |
| Land Assessment | $568,126 | Total Assessment | $2,013,699 |
PROPERTY TAXES
Parcel Number
009-281-026
Land Assessment
$568,126
Improvements Assessment
$1,445,573
Total Assessment
$2,013,699
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Office Building for Sale - Close to Downtown | 456 S E St
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