3410-3440 Industrial Dr
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3410-3440 Industrial Dr
20,442 SF Industrial Building Santa Rosa, CA 95403 $4,900,000 ($240/SF)
Investment Highlights
- HOUSE OF ROCK music venue consists of approximately half of the buildings space. Sound and video equipment is available separately.
- Lots of on and off street parking. There are four grade level roll up doors.
- The rest of the building has been used as a car storage warehouse. Possible transfer of a used car dealer license.
- Possible transfer of the current Beer and Wine license.
Executive Summary
Santa Rosa City recently approved Adult Entertainment Venue. The ONLY Live Adult Entertainment Venue approved in Sonoma County! Turn Key Ready!
This very well maintained warehouse building is available for sale. Included at the price of $4.9M is all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures and permits. At a price of $4.5M 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 about a 6.5% cap rate. At a price of $4.195M 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 approximately half of the buildings space. In the other unit (both separately metered) there is a very nicely finished collector car storage warehouse area with a DMV Wholesale Dealers License attached to the address. Each unit has two at grade roll-up doors with easy access. Zoned IL offering many potential uses. State-of-the-art recording studio equipment, stage, lighting, venue furnishings, restaurant equipment, video and recording equipment all available separately.
This very well maintained warehouse building is available for sale. Included at the price of $4.9M is all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures and permits. At a price of $4.5M 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 about a 6.5% cap rate. At a price of $4.195M 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 approximately half of the buildings space. In the other unit (both separately metered) there is a very nicely finished collector car storage warehouse area with a DMV Wholesale Dealers License attached to the address. Each unit has two at grade roll-up doors with easy access. Zoned IL offering many potential uses. State-of-the-art recording studio equipment, stage, lighting, venue furnishings, restaurant equipment, video and recording equipment all available separately.
Property Facts
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PROPERTY TAXES
Parcel Number | 015-650-042 | Improvements Assessment | $1,788,873 |
Land Assessment | $603,637 | Total Assessment | $2,392,510 |
PROPERTY TAXES
Parcel Number
015-650-042
Land Assessment
$603,637
Improvements Assessment
$1,788,873
Total Assessment
$2,392,510
zoning
Zoning Code | CITYSR, Sonoma (IL) |
CITYSR, Sonoma (IL) |
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3410-3440 Industrial Dr
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