10 W 4th St

10 W 4th St , Santa Rosa, California, 95401 | 10,950 sq.f | $ 3,700,000

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About This Restaurant

Investment Highlights

Fully Leased Exceptional Condition Historic Building

Executive Summary

Own a piece of history in the vibrant Railroad Square District! The Western Hotel building was constructed in 1903 by Italian stonemasons, using stone from a local quarry. Speaking to the quality of the construction, it was one of the few downtown structures that survived the 1906 earthquake. With it's unique construction and ideal location, this property is a stand-out, making it an excellent investment opportunity. Building was converted to office and retail uses, and features onsite parking.Located in the historical Railroad Square District, this property is in a prime location adjacent to the only down-town train station, within one block of four (4) hotels, and adjacent to the West End Farmer's Market. This vibrant district is home to several cafes and many of Santa Rosa's top restaurants. New multi-family project under development adjacent to train station. Hwy 101 and Hwy 12 access within one (1) block.

Property Details

  • Sale Type    Investment
  • Sale Condition    1031 Exchange
  • Property Type    Retail
  • Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Restaurant Office Office Live Work Unit Storefront Retail/Office
  • Building Size    10,950
  • Building Class    C
  • Year Built/Renovated    1903/2022
  • Price    3,700,000
  • Price Per SF    338
  • Cap Rate    4.53
  • NOI    167,583
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.90
  • Land Acres    0.28 AC

Amenities

  • 24 Hour Access
  • Commuter Rail
  • Corner Lot
  • Courtyard
  • Fireplace
  • Food Court
  • Security System
  • Skylights
  • Tenant Controlled HVAC

Nearby Amenities & Transportation

Retail Chevys Fresh Mex
Retail CrossFit
Retail Mechanics Bank
Retail Luther Burbank Savings
Retail Surf City Squeeze
Retail Panda Express
Retail Starbucks
Retail barre3
Retail The YMCA
Retail Umpqua Bank

Property Taxes

Parcel Number 010-171-007 Improvements Assessment $242,507
Land Assessment $864,981 Total Assessment $1,107,488
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 10 W 4th St , Santa Rosa, California, 95401