This exceptional 31,356 square foot, two-story office building presents a rare opportunity in downtown Santa Rosa. Located on a prominent corner lot (31,363 sq ft) at the intersection of Santa Rosa Avenue and 3rd Street, this Class B property boasts a prime location with high visibility and significant daily traffic counts (13,681+ on 3rd Street and 15,431+ on Santa Rosa Avenue). Originally constructed in 1968 for Bank of America, the building has undergone renovations over time. Features include concrete block construction, a concrete slab foundation, glass and steel accents, an open ground floor with a 14-foot clear height, and two elevators. The layout comprises two suites, a central lobby, a common hall, and a mechanical room. The HVAC system is fully operational. Zoned CMU-DSA (Commercial Mixed Use - Downtown Station Area), the property offers a maximum base Floor Area Ratio of 8.0, allowing for a potential project size of approximately 250,000 square feet. This zoning permits a variety of mixed uses, including housing, office, and retail, with added incentives like reduced impact fees and parking requirements. The building's convenient location offers easy access to US Hwy 101 and other major thoroughfares, proximity to the downtown plaza, and walking distance to parking facilities. The property is bordered by the Comstock Mall, a pedestrian thoroughfare, providing convenient utility access. This is a unique investment opportunity in a thriving downtown area experiencing significant revitalization. Asking price: $5,900,000 ($188.16/sq ft).
Highlights
Exceptional 31,356 SF two-story office building in downtown Santa Rosa.
Prime corner lot (31,363 SF) at Santa Rosa Ave & 3rd St, high visibility, and significant traffic counts.
Class B building, originally built in 1968, renovated, featuring concrete block construction, two elevators, and a 14-foot clear height ground floor.
Zoned CMU-DSA, allowing for a potential 250,000 SF project with mixed-use possibilities and development incentives.
Convenient location near US Hwy 101, downtown plaza, and parking, with $5,900,000 asking price ($188.16/SF).
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