$4,700,000
3440 Industrial DR #3410 Santa Rosa, CA 95403
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Listed by Todd Sheppard • Sotheby's International Realty
$4,700,000
Est. payment /mo
20,442 SqFt
UPDATED:
11/02/2024 10:34 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,442 sqft
Price per Sqft $229
MLS Listing ID 323031954
HOA Y/N No
Year Built 1979
Property Description
This very well maintained warehouse building is available for sale. Included at the price of $4.7M is all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures and permits. At a price of $4.3M the seller is willing to lease back the music venue at $1.15 per foot for three years, maintaining all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures. At this rate the building would have over a 6.5% cap rate. At a price of $3.95M the seller will remove all sound and camera equipment, lighting, recording equipment, furnishings and fixtures from music venue. This is the current location of the Rock Star University's HOUSE OF ROCK which is arguably the finest, intimate rock venue on the entire West Coast. This facility is a fully permitted, TURN KEY, state of the art concert venue, soundstage, and production facility which features the finest in industry standard equipment, beer and wine license, plenty of parking, and can remain open until 2AM each day. HOUSE OF ROCK consists of approx half of the buildings space. In the other unit there is a very nicely finished collector car storage warehouse area with Wholesale Dealers Lic attached to the address. Zoned IL.
Location
State CA
County Sonoma
Area Santa Rosa-Northwest
Interior
Heating Gas, Zoned Heat
Cooling Individual Air, Varies by Unit, Other
Flooring Concrete Slab, Other
Exterior
Utilities Available Internet Available, Underground Utilities
Building
Lot Description Corner, Landscape Front, Landscape Misc, Low Maintenance, Sidewalk/Curb/Gutter
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Special Listing Condition None
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Rebecca Brooks
San Francisco Bay Area Team Leader | License ID: 1249870
San Francisco Bay Area Team Leader License ID: 1249870