The Schlegel Group

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102 S Cloverdale BoulevardCloverdale, CA 95425Price: $3,050,000

  • Price: $3,050,000
  • 27 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 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.
  • $3,050,000List Price
  • 0.61Acreage
Listed by Kevin P McDonald and Tim Rangel of Sotheby's International Realty

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The Silverwood Building is located on the Northern fringes of Sonoma County's desirable Wine Country within the bucolic Cloverdale community. Positioned in the town's reimagined downtown core, The Silverwood Building offers an opportunity to invest in an asset which has been completely restored and includes a strong tenant base. Comprised of 2 separate legal parcels, totaling 26,670 square feet, the offering fronts two well-traveled city streets, Cloverdale Boulevard and East 1st Street. With one parcel improved, the second parcel has been left vacant intentionally to allow for ample off-street parking. The Silverwood Building consists of 12,000 square feet, demised into 7 separate units, completely redesigned and rebranded under the current ownership. Lending itself to the prime downtown location, the building is highly visible and flowing with its paseo styled layout. The building has undergone extensive renovations and capital improvements over the past 5 years in an effort to ensure a new owner can focus on cash flows from strong tenants in long-term leases. The Silverwood Building presents an opportunity for discerning investors to enter the Wine Country market or expand their current portfolio with a sound, quality and low risk asset.

Property Details of 102 S Cloverdale Boulevard

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Based on information submitted to CA_BAREIS as of April 15, 2024 11:06 AM EDT . 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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