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Investment Highlights

  • Great street visibility
  • Additional vacant land to expand income opportunities
  • Located in the path of progress in vibrant small town with strong tourism traffic.

Executive Summary

Property includes 5 SFR rental units, 4 currently vacant; 1 on month-to-month lease, with outbuildings.
Zoned ORM, this property could be re-developed into multi-family units (current zoning could permit up to 15 units) and/or offices and is located on the major thoroughfare in downtown Healdsburg.
This property represents a unique opportunity for investors/developers to capitalize on Healdsburg's growth and prime downtown location.
In the short-term, existing units could be rented for office or residential with a projected annual gross income of $156,000.

Financial Summary (Pro Forma - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Office/Residential
Building Size
1,604 SF
Building Class
C
Year Built
1949
Price
$2,500,000
Price Per SF
$1,558.60
Cap Rate
4.37%
NOI
$109,200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
802 SF
Building FAR
0.22
Lot Size
0.17 AC
Zoning
CITYHE - ORM - Office/Residential Multi-Family
Parking
12 Spaces (7.48 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Kitchen
  • Natural Light
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
002-033-018
Land Assessment
$112,582
Improvements Assessment
$168,881
Total Assessment
$281,463
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 35110997

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: 821 Healdsburg Ave, Healdsburg, CA 95448

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