369 Napa St Sonoma, CA 95476
- Mixed-use properties
- 0.38 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 369 Napa St
- Year built
- 1930
- Lot size
- 0.38 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Sonoma, California, presents a compelling investment opportunity. Situated on two lots totaling 0.38 acres at 369 W Napa Street, the property features a meticulously renovated 1333 square foot office building. Originally constructed in 1930, this building underwent a complete refurbishment in 2020, resulting in a modern and functional space currently fully occupied, generating immediate income. The office building's prime condition ensures immediate usability for an owner-occupier or continued lease income for investors. Adding to its appeal, an adjacent 0.18-acre lot offers significant development potential. This lot already has approval for residential construction, providing a blank canvas for a customized project, expanding the property's value and income streams. The strategic location in Sonoma, combined with the existing income-generating office building and the approved residential development potential of the adjacent lot, makes this a truly unique and versatile investment. This property is ideally suited for investors seeking a blend of immediate return and future growth potential, or for owner-users looking to combine their business with a development project. The combination of a renovated commercial building and approved residential development land presents a rare opportunity in the desirable Sonoma market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sonoma
- County
- Sonoma
- State
- California
- Longitude
- -122.465
- Latitude
- 38.2924
