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3440 Industrial Drive, Santa Rosa, CA 95403

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Listing Type
commercial/industrial
Listing Status
active
25
Overview
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Transportation
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$4,700,000

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Property Details for 3440 Industrial Drive
Price
$4,700,000
Type
commercial/industrial
Year Build
1979
Sq. Ft.
20442
Lot Size
0.9186
County
Sonoma
MLS®️ Listing#
323031954
On exitrealty.com
577 days
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.
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Property Features
Listing courtesy: Sotheby's International Realty - 707-935-2288. Presented by: Todd Sheppard
Last Updated: 2024-10-18 20:32:45
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$4,700,000

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