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Listed by Frederic P Rouhana Batarseh Real Estate
$ 3,999,000
Est. payment /mo
Active
613 4th ST Santa Rosa, CA 95404
0.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326024829
HOA Y/N No
Year Built 1932
Lot Size 0.267 Acres
Acres 0.2672
Property Sub-Type Mixed Use
Property Description
Located in the heart of Santa Rosa's vibrant 4th Street business district, the iconic Kress Building is surrounded by boutique shops, acclaimed restaurants, lively bars, and entertainment, with multiple public parking garages nearby. This landmark property features two structures on one parcel, including retail/restaurant space leased to Darbar Kitchen (with plans to subdivide for a new 1,800 SF retail unit, increasing the projected CAP rate to 6.8 from the current 5.5), retail space at 618 5th Street leased to Clone Digital, and full-service leased office suites with a strong rental history. Professionally managed, with HVAC units less than five years old, the property offers stable income and prime downtown exposure.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Exterior
Private Pool No
Building
Story 2
Level or Stories 2
Others
Tax ID 009011005000
Special Listing Condition Standard
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