967 Broadway 4,903 SF Office Building Sonoma, CA 95476 $1,600,000 ($326.33/SF)

967 Broadway Street is a single-story office/commercial property located on one of the three most traveled
arterials, and the gateway to Sonoma Plaza in the heart of the Town of Sonoma.
The subject property is currently occupied; however, it will be delivered vacant at the close of escrow to accommodate an owner-user investor. Originally constructed in 1963, the property underwent a comprehensive refurbishment in 2005.
The improvements total approximately 4,917 square feet of gross building area on a parcel of 16,410 square feet. The interiors are contemporary, with the attractive lobby/reception area leading to a very large open office area with soaring ceilings and unique, attractive structural elements supporting the vaulted roof at this area. The perimeter of the building comprises private offices and supporting spaces such as copy and storage rooms. There are multiple ADA compliant restrooms. There is ample on-site parking for employees and visitors.
For the owner-user, purchasing 967 Broadway Street using SBA-504 debt with only 10% down allows an office, general commercial or other user to lower occupancy costs than leasing comparable office or general commercial space in the Town of Sonoma submarket.