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501-505 Mendocino Ave
Santa Rosa, CA 95401
 Retail Property For Sale

Restaurants California Santa Rosa 501-505 Mendocino Ave, Santa Rosa, CA 95401

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Investment Highlights

  • Prime Corner location. Three tenant spaces all with food, beverage and entertainment service.

Executive Summary

Prime downtown corner building with two highly successful tenants with thriving businesses.
Existing tenants include:
Cal Theatre (entertainment, restaurant & bar) https://www.caltheatre.com
Barrel Proof Lounge (entertainment, beer & wine) https://barrelprooflounge.com

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
15,647 SF
Building Class
B
Year Built/Renovated
1925/1980
Price
$2,400,000
Price Per SF
$153.38
Cap Rate
6%
NOI
$144,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.82
Lot Size
0.44 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-2, Santa Rosa - restaurant entertainment
Frontage
130’ on Mendocino Ave

Amenities

  • Corner Lot
  • Courtyard
  • Food Court
  • Restaurant
  • Signage
  • Storage Space

Property Taxes

Parcel Number 010-044-008 Improvements Assessment $2,090,878
Land Assessment $696,950 Total Assessment $2,787,828

Property Taxes

Parcel Number
010-044-008
Land Assessment
$696,950
Improvements Assessment
$2,090,878
Total Assessment
$2,787,828
 

  • Listing ID: 38049613

  • Date on Market: 10/12/2025

  • Last Updated:

  • Address: 501-505 Mendocino Ave, Santa Rosa, CA 95401

The Outer Santa Rosa Retail Property at 501-505 Mendocino Ave, Santa Rosa, CA 95401 is currently available. Contact Keller Williams San Francisco for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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