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825 Gravenstein Highway, Sebastopol, CA 95472
$3,050,000
825 Gravenstein Highway, Sebastopol, CA 95472View this property at 825 Gravenstein Highway, Sebastopol, CA 95472
825 Gravenstein HighwaySebastopolCA95472
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Property Description
Excellent opportunity to purchase a pride of ownership asset in a competitive market with limited supply. The property has been exceptionally maintain under the current ownership. Built in 1987 the property originally had 9 office suites with the current occupancy having 6 suites on 2 levels. Two surface parking lots can accommodate approximately 49 cars. 6.42% Cap Rate on Current Income. Seller Retiring and Motivated to make a Deal at higher Cap Rate. Stable income with all tenants current on rents. Long Term Tenants with recently extended leases. Easy freeway access to Hwy 116 and surrounding amenities 11 Miles to Sonoma County Airport & 8 Miles to Santa Rosa/101 Freeway.
Full Property Details
Full Property Details for 825 Gravenstein Hwy
General
- Sold For: $3,050,000
- Status: Closed
- Type: Office
- MLS ID: 321027153
- Added to Site: 1, 118 day(s) ago
Parking
- Parking Features: Private
- Parking: Private
Location
- Area: 14123
- County: Sonoma
- Cross Streets: Hurlbut Avenue
- Location Details: Shopping Nearby, Neighborhood
Heating & Cooling
- Heating Type: Central
Structural Information
- Structure Type: Office, Detached
- Construction: Wood
- Stories/Levels: 2
- Stories Description: 2
- Square Feet: 14,123
- Year Built: 1987
Lot Features
- Zoning: CG-General Commercial
Financial Considerations
- Price Per Sq. Ft.: $215.96
- Terms: 1031 Exchange
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- APN: 060-261-023-000
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Schools
Schools serving 825 Gravenstein Hwy
School Districts:Sebastopol Union Elementary School District, West Sonoma County Union High
Rating | Name | Grades | Distance |
---|---|---|---|
7905 Valentine Ave, Sebastopol, CA 95472 | 5-8 | 0.5 mi | |
7450 Bodega Ave, Sebastopol, CA 95472 | K-4 | 0.8 mi | |
6950 Analy Ave, Sebastopol, CA 95472 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 825 Gravenstein Hwy
Date
Details
Price
Change
Source
10/29/2021
Sold
$3,050,000
-4.54%
MLS
4/19/2021
Listed
$3,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
825 Gravenstein Highway, Sebastopol, CA 95472 (MLS# 321027153) is a Office property that was sold at $3,050,000 on October 29, 2021. This property was listed by Steven Caravelli from our S.F. Pacific Heights Office.Want to learn more about 825 Gravenstein Highway? Do you have questions about finding other Office real estate for sale in Sebastopol? You can browse all Sebastopol real estate or contact a Coldwell Banker agent to request more information.