821-829 Healdsburg Ave Healdsburg, CA 95448
- Office Properties & Spaces
- 0.95 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 821-829 Healdsburg Ave
- Year built
- 1940
- Lot size
- 0.95 lot acres
- Property type
- Office Properties & Spaces
Description
This exceptional 0.95-acre property at 821-829 Healdsburg Avenue in Healdsburg, CA, presents a remarkable development opportunity. Currently featuring five detached residential rental units and three outbuildings, this site offers significant potential for redevelopment. Ample parking is already in place. The ORM zoning allows for a variety of uses, including multi-family residential, office space, or a mixed-use development. Its strategic location near the busy intersection of Powell Avenue and Healdsburg Avenue ensures high visibility and excellent exposure, maximizing the potential for success. The property's prime downtown Healdsburg location is a key advantage, capitalizing on the area's robust growth and desirability. This presents a unique chance for investors and developers to create a high-return project, whether focusing on residential, commercial, or a blend of both. The existing structures provide immediate income potential while redevelopment plans are underway. The property's size and zoning flexibility offer considerable scope for creative and lucrative development strategies. This is a rare chance to acquire a substantial property in the heart of Healdsburg's thriving downtown area, poised for significant future appreciation. The asking price is $3,495,000.
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
- Healdsburg
- County
- Sonoma
- State
- California
- Longitude
- -122.872
- Latitude
- 38.62