Highest & Best Use Several comparable office buildings in Santa Rosa have been successfully converted to multi-family residential, suggesting a viable repositioning strategy for the 1200 building. This analysis evaluates whether retaining both properties as office use or converting 1200 to multi-family (with 1210 remaining medical office) represents the highest and best use. It factors in a 24-month stabilization period, depreciation, rental income, vacancy rates, operating expenses, reserves, improvement costs, purchase price, 50 percent loan-to-value debt service, Year 1 and 7-year pre- and post-tax cash-on-cash returns with sale, a 10-year hold without sale, and taxes on sale proceeds (27 percent capital gains, 25 percent depreciation recapture). See attached analysis. 1200 Sonoma Ave An 8,725 SF vacant shell on a 58,806 SF lot with stud wall framing, ideal for custom office (permitted) or multi-family (use permit) buildout. 1210 Sonoma Ave A 3,930 SF fully leased medical office (Sutter Bay Medical Foundation) on a 1.35 acre parcel with 55 parking spaces, ADA compliance, and strong in-place tenancy.
MLS #
BA325077496
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
1
# Buildings / # Units
2 / 0
Parking Spaces
55
Present Use
Office
Zoning
CO - Commercial Office
Listing Agent
William Severi
North Bay Property Advisors
License #: 01000344
Phone: (707) 523-2700
Co-Listing Agent
Nick Abbott
North Bay Property Advisors
License #: 01357548
Phone: (707) 523-2700
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 0 |
1200 Sonoma Ave is a Commercial Sale in Santa Rosa, CA 95405. This 0 square foot property sits on a 0 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,221,000 and was built in 0.
This address can also be written as 1200 Sonoma Ave, Santa Rosa, CA 95405.©2025 Bay Area Real Estate Information Services, Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay Area Real Estate Information Services, Inc.
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This listing information is up-to-date as of August 28, 2025. For the most current information, please contact William Severi, (707) 523-2700