311 W 9th Street

Description

The Subject Property is located in the Land Smith Business Park, centrally located in the City of Santa Rosa, and comprises 12 separate light industrial condominium units totaling approximately 23,912 square feet on a 1.38-acre site (60,130 square feet). All units are steel frame construction with metal exteriors. The common area encompasses approximately 36,218 square feet. This professionally managed development features all owner-occupied units, reflecting strong pride of ownership. The Owners Association maintains a strong operational history with financial reserves currently approximating $163,000. Complete financial details are available upon request. The well-managed Owners Association handles essential common expenses. The subject property contributes $240 per unit ($480 total per month), covering landscape maintenance, trash removal, common water and sewer, fire alarm and systems, property management, building insurance, and contributions to the capital improvement reserve. The Subject Property, Unit 311, built in 2003, represents approximately 12.55 percen t of the overall development and offers an exceptional opportunity within this established business park. This light industrial warehouse condominium consists of approximately 3,000+/- square feet of building area on a 3,000+/- square-foot lot, along with an undivided ownership interest in the common area equivalent to approximately 4,545+/- square feet. Zoned MMU (Maker Mixed Use), the property supports a wide range of light industrial, production, fabrication, storage, and related uses. The unit is equipped with strong infrastructure, including two electrical panels (see floor plan), each providing 3-phase, 208V, 200-amp service. Electric and gas service is provided by PG&E, and water and sewer are provided by Santa Rosa Water. The flexible layout accommodates full owner-user occupancy or a split configuration, with approximately 1,500+/- square feet owner-occupied and 1,500+/- square feet leased. If subdivided, a demising wall and associated improvements would be required. Four on-site parking spaces are allocated to the unit. This combination of prime location, functional infrastructure, flexible layout, and strong association support makes Unit 311 an attractive option for owner-users seeking a turnkey light industrial condominium in a stable, centrally located business park.