The Schlegel Group

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2901 Cleveland AvenueSanta Rosa, CA 95403Sale Price: $3,200,000

  • Sale Price: $3,200,000
  • 343 Days Since Sale
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Federal 30-year interest rate: 6.69% last updated on Dec 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,200,000List Price
  • 0.74Acreage
Listed by Matthew R Martinez of Diamond Real Estate Group

Listing Sold by HomeSmart Advantage Realty

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Owner financing available on this exceptional opportunity to acquire a fully leased multi-tenant professional-grade office building in excellent condition, with the added benefit of owner financing. This meticulously maintained property offers a blend of newer and long-term tenants, making it an ideal investment for those seeking a low-maintenance asset with reliable income. Constructed in 2006, this 16-year-old building has been thoughtfully designed and carefully preserved. The new owner can rest assured knowing that costly upgrades are unnecessary, as the property is equipped with essential features such as an elevator, fire sprinklers, and ample onsite parking. With staggered lease expiration dates, this high-quality building ensures a steady and consistent cash flow, providing a secure long-term investment opportunity. At an approximate cap rate of 5.44%, this property offers attractive returns and peace of mind. Situated in a prime location near Coddingtown, public transportation, Highway 101, and a variety of local businesses, this property benefits from excellent accessibility and proximity to amenities. This sought-after location enhances the appeal and potential of this exceptional investment opportunity.

Property Details of 2901 Cleveland Avenue

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Based on information submitted to CA_BAREIS as of December 9, 2024 2:06 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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