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Listed by Erich M Reichenbach • Marcus & Millichap Real Estate Investment Services, Inc.
$ 2,850,000
Est. payment /mo
New
801 4th ST Santa Rosa, CA 95404
9,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 9,500 sqft
Price per Sqft $300
MLS Listing ID 326046599
Construction Status Exterior-Excellent,Interior-Excellent
HOA Y/N Yes
Year Built 1957
Property Sub-Type Office
Property Description
801 4th Street represents a rare opportunity to acquire a well-located, two-story office building in the heart of Downtown Santa Rosa, anchored by a newly extended lease with Columbia Bank on the entire ground floor. The property comprises approximately 9,500 square feet and includes an adjacent 8,700 square foot parking lot with approximately 35 on-site spaces, an exceptionally valuable amenity in the downtown core. The first floor contains approximately 5,050 rentable square feet, fully leased to Columbia Bank through September 30, 2030, with two additional three-year extension options that could extend occupancy through 2036. The entire second floor, comprising approximately 4,450 square feet, is currently vacant and configured with multiple private offices, conference room, bullpen area, large kitchen, elevator access, and abundant natural light. This vacancy creates a compelling value-add opportunity for an investor to lease the space to an owner-user or traditional office tenant, thereby materially increasing net operating income and overall asset value. Located at the prominent corner of Fourth and E Streets, just two blocks from Courthouse Square, the property benefits from excellent visibility, walkability, and direct access to Downtown Santa Rosa's restaurants, professional services, government offices, and retail amenities. The combination of secure in-place income, substantial upside through lease-up of the second floor, and a prime downtown location with abundant parking positions 801 Fourth Street as an attractive investment for private investors, family offices, and owner-users seeking both stability and appreciation potential.
Location
State CA
County Sonoma
Area Santa Rosa-Northeast
Exterior
Garage Spaces 35.0
Building
Story 2
Level or Stories 2
Construction Status Exterior-Excellent,Interior-Excellent
Others
Special Listing Condition Offer As Is
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