CA > Santa Rosa
Santa Rosa, CA 95405,2447 Summerfield RD
Santa Rosa, CA 95405,2447 Summerfield RD
Santa Rosa, CA 95405,2447 Summerfield RD
Santa Rosa, CA 95405,2447 Summerfield RD
Santa Rosa, CA 95405,2447 Summerfield RD
Santa Rosa, CA 95405,2447 Summerfield RD
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Edwin & Miguel Alvarado

Edwin & Miguel Alvarado

+1(707) 738-5803
Listed by William Severi • North Bay Property Advisors
$ 10,500,000
Est. payment | /mo

58,215 SqFt

Save
$ 10,500,000
Est. payment | /mo
Save

58,215 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 58,215 sqft

Price per Sqft $180

MLS Listing ID 324050859

HOA Y/N No

Year Built 1960

Lot Size 7 Sqft

Property Description

Chapter 7 Bankruptcy Overbid Opportunity Truly rare opportunity to acquire a 58,215+/- sq. ft. housing facility approved for 51 beds plus 12 additional beds as emergency shelter. The property was originally developed as Warrick Hospital, which was ultimately taken over by Sutter Health. In January 2014, approximately 34,865+/- sq. ft. was approved to be converted from hospital'' use to transitional housing''; the facility opened under this format in 2016. Sutter still retains approximately 15,000+/- sq. ft. on the east side of this campus and has exercised an extension to stay for 5 more years, expiring September 15, 2029. Sutter's lease rate is $1/year, under a Gross lease, plus Sutter must pay its share of the common area expenses. Sutter has one additional 5-year extension available to it beyond September 15, 2029. If this option is exercised, the lease would be extended to September 15, 2034.

Location

State CA

County Sonoma

Area Santa Rosa-Southeast

Interior

Heating Roof Package Separate

Cooling Roof Package Joint, Wall Unit(s)

Flooring Carpet, Combo of Materials, Concrete, Tile, Vinyl

Exterior

Utilities Available Cable Connected, DSL Available, Primary Water Meter, Natural Gas Connected, Separate Gas Meter, Telephone, Underground Utilities

Building

Story 1

Foundation Slab

Sewer Public Sewer

Water Meter on Site, Public

Level or Stories 1

Others

Special Listing Condition Subject to Court Confirmation, Other

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+1(707) 738-5803

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1545 N Texas St, Fairfield, CA, 94533, USA

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2447 Summerfield RD