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Listed by Dale Dockins • North Bay Commercial R E
$3,000,000
Est. payment /mo
10,440 SqFt
UPDATED:
11/14/2024 06:00 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,440 sqft
Price per Sqft $287
MLS Listing ID 324089422
HOA Y/N No
Year Built 1968
Property Description
Investment Opportunity: Fully occupied, multi-tenant, industrial warehouse with large paved yard. This property is home to five cannabis tenants and one traditional use tenant, ensuring a diverse and stable income stream. With its attractive high cap rate of 6.54% this property is ideal for investors seeking reliable returns. The property spans 10,421 sq. ft. and includes 4,401 sq. ft. of cannabis-approved multi-tenant space, along with 6,020 sq. ft. dedicated to traditional tenant single-unit use. With unit sizes ranging from 350 sq. ft. to 6,020 sq. ft., this versatile industrial warehouse/office building is ideal for a variety of tenants.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Zoning IL Light Industrial
Building
Story 2
Level or Stories 2
Others
Special Listing Condition None
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