3401 Industrial DR #3407 new

Santa Rosa,CA 95403

$ 3000000

- Bed

- Bath

10440 SqFt


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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