Two-Story Downtown Office
801 4th St Santa Rosa, CA 95404
801 4th St, Santa Rosa, CA, 95404
$2,850,000
For Sale
$2,850,000
Two-story office building with ground-floor Columbia Bank lease and a vacant second floor plus an adjacent parking lot.
Property Size9,500 SF
Price / SF$300
Days on Market49
Property Features for 801 4th St
General Information
- Standard status
- Active
- Size
- 9,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1957
Listing agency
(415) 302-2144
Listed by
Erich Reichenbach · License #(S):CA:01860626
(415) 302-2144
Source
Elliman
Added: Jun 3 Updated: Jul 20 at 4:50PM Checked: Jul 21 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Erich Reichenbach
Investment Insights
Based on property information with market context.
801 4th Street is a two-story office building in Downtown Santa Rosa with approximately 9,500 square feet of space. The first floor is leased to Columbia Bank and includes multiple offices, while the entire second floor is currently vacant and configured with private offices, a conference room, bullpen area, a large kitchen, and elevator access.
The property is located at the corner of Fourth and E Streets, about two blocks from Courthouse Square. It also includes an adjacent parking lot of approximately 8,700 square feet with approximately 35 on-site spaces, supporting convenient customer or employee parking in the downtown core.
In addition to the existing ground-floor lease through September 30, 2030, the arrangement includes two additional three-year extension options. The second floor vacancy offers a straightforward leasing opportunity for an owner-occupant or office tenant seeking to consolidate operations within the building.
The property is located at the corner of Fourth and E Streets, about two blocks from Courthouse Square. It also includes an adjacent parking lot of approximately 8,700 square feet with approximately 35 on-site spaces, supporting convenient customer or employee parking in the downtown core.
In addition to the existing ground-floor lease through September 30, 2030, the arrangement includes two additional three-year extension options. The second floor vacancy offers a straightforward leasing opportunity for an owner-occupant or office tenant seeking to consolidate operations within the building.
Key Highlights
- Two‑story office building built in 1957 in Downtown Santa Rosa, with prominent corner location at Fourth and E Streets
- Approx. 9,500 SF total: approx. 5,050 SF first floor fully leased to Columbia Bank through September 30, 2030
- First‑floor lease includes two additional three‑year extension options that could extend occupancy through 2036
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.9k | $22.20 |
| − Vacancy | −$32.1k | −$3.37 |
| EGI | $178.8k | $18.83 |
| − OpEx | −$44.7k | −$4.71 |
| NOI | $134.1k | $14.12 |
9,500 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.24M
NOI $134,132 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.64M
$2.31M – $3.08M
NOI $184,757 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Umpqua Bank
Bank
Jaime Rivera - Umpqua ...
Loan Service
Sonoma Investment Group
Bank
ATM - Umpqua Bank
Atm
ATM (Sterling Savings ...
Atm
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FAQs
What type of property is this?
Office building - Two-story office building with ground-floor Columbia Bank lease and a vacant second floor plus an adjacent parking lot.
Where is this office building located?
The property is located at 801 4th St Santa Rosa, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Two‑story office building built in 1957 in Downtown Santa Rosa, with prominent corner location at Fourth and E Streets; Approx. 9,500 SF total: approx. 5,050 SF first floor fully leased to Columbia Bank through September 30, 2030; First‑floor lease includes two additional three‑year extension options that could extend occupancy through 2036
