Craftsman Office Building with
For Sale
$739,000
705 College, Santa Rosa, CA 95404
Classic 1920s office building with parking and handicap access.
Property Size1,622 SF
Price / SF$455.61
Days on Market442
Property Features for 705 College
General Information
Standard status
Active
Size
1,622 SF
Building Details
Year Built
1926
Listing Agency:
HUNTER PRESTIGE PROPERTIES
(707) 544-3500
Listed By:
JULIE HUNTER
Source:
Corcoran
Added: May 18, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 HUNTER PRESTIGE PROPERTIES
Investment Insights
Based on property information with market context.
This Craftsman-style office building, constructed in the 1920s, features original quality finishes. The building's configuration includes a reception area, oversized conference areas, four private offices, a kitchen, and two bathrooms. A newer air conditioning system has been installed. Updates include a handicap accessible ramp and off-street parking, with a porte-cochere. The zoning allows for residential and beauty-type business uses. The property offers exposure to a high daily traffic count.
Key Highlights
- High‑traffic location provides unparalleled exposure to potential clients.
- Versatile layout suitable for various business endeavors, including reception, conference areas, 4 private offices, kitchen, and 2 bathrooms.
- Zoning allows for residential and beauty‑type business uses.
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 | $36.0k | $22.20 |
| − Vacancy | −$5.5k | −$3.37 |
| EGI | $30.5k | $18.83 |
| − OpEx | −$7.6k | −$4.71 |
| NOI | $22.9k | $14.12 |
1,622 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$327.2K
$286.3K – $381.7K
NOI $22,901 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$450.6K
$394.3K – $525.8K
NOI $31,545 @ 7.0% cap · market cap 4.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,110
Businesses Nearby
Explore this area
Business Placement
Demographics for 95404, CA
38,034
Population
16,850
Households
2.3
Avg Household Size
43
Median Age
45%
College-Educated
90%
High-School Grad
75.4 sq mi
ZIP Area
504
Density / Sq Mi
$102,802
Median Household Income
$57,388
Median Earnings
$1,890
Median Rent
$865,900
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Classic 1920s office building with parking and handicap access.
Where is this office building located?
The property is located at 705 College Santa Rosa, CA.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: High‑traffic location provides unparalleled exposure to potential clients.; Versatile layout suitable for various business endeavors, including reception, conference areas, 4 private offices, kitchen, and 2 bathrooms.; Zoning allows for residential and beauty‑type business uses.
