Property Listing No Longer Available for Sale

825 Gravenstein Hwy N 825, Sebastopol, CA

Office for Sale - $3,650,000 - 14,123 Sq. Ft. on 0.97 acres


Property Info

CIMLS#1078835
Location
  825 Gravenstein Hwy N 825
  Sebastopol CA 95472
UpdatedDecember 2nd, 2020
TypeOffice
Price$3,650,000
Building14,123 Sq. Ft.
Land0.97 acres

Property Description

5.48% Cap Rate on Current Income Seller Retiring and Motivated to make a Deal at higher Cap Rate. Excellent Owner User with post Covid 19 Value Pride of ownership asset in a competitive market with limited supply Stable income with all tenants current on rents Long Term Tenants -recently extended current leases Ample parking, easy freeway access to Hwy 116 and surrounding amenities 11 Miles to Sonoma County Airport & 8 Miles to Santa Rosa/101 Freeway The property has been exceptionally maintain under the current ownership. Built in 1987 the property originally had 9 office suites with the current occupancy having 6 suites on 2 levels. Two surface parking lots can accommodate approximately 49 cars.


Financials