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Medical Office Investment Opportunity 2211 4th St 2,328 SF Office Building Santa Rosa, CA 95404 $995,000 ($427.41/SF) 6.19% Cap Rate
EXECUTIVE SUMMARY
Prime investment opportunity in downtown Santa Rosa! Introducing 2211 4th Street, an approximately 2,328 square foot corner building currently leased to an oral surgery office at a 6.19% capitalization rate. The single-story, well-maintained facilities were remodeled in 2016 and are constructed with approximately 5 offices, several conference rooms, 2 half bathrooms, a reception area, and storage. An onsite parking lot offers 7 parking spaces, including an accessible space, leading to the building's two separate entrances. Landscaped grounds and partial fencing border the 0.2 acre lot. Strategic corner location along downtown's main artery of Fourth Street provides high visibility, access, and convenience. With modern facilities, an incredible location, and well-established presence in downtown Santa Rosa, this property offers a solid foundation for investors seeking medical or office space. Don't miss the chance to secure a valuable asset in a sought-after location, poised for long-term growth and success.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,328 SF
Building Class
B
Year Built
1978
Price
$995,000
Price Per SF
$427.41
Cap Rate
6.19%
NOI
$61,591
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,328 SF
Building FAR
0.27
Lot Size
0.20 AC
Zoning
CITYSR - CITYSR
Parking
7 Spaces (3.01 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 181-210-024 | Improvements Assessment | $195,812 |
| Land Assessment | $108,060 | Total Assessment | $303,872 |
PROPERTY TAXES
Parcel Number
181-210-024
Land Assessment
$108,060
Improvements Assessment
$195,812
Total Assessment
$303,872
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Medical Office Investment Opportunity | 2211 4th St
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