Rare INVESTMENT OPPORTUNITY - Steps away from downtown sonoma plazaFOR SALE
±3,328 SF TWO-STORY BUILDING WITH PRIVATE PARKING LOT 190 WEST NAPA STREET, SONOMA, CA Asking Price: $1,749,000 Seller Financing Available - Contact broker for more details Income in Place - Excellent Investor or Owner/User Opportunity |
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Just steps from Sonoma’s Historic Plaza, 190 West Napa Street represents a rare opportunity to gain ownership of a fully remodeled commercial building, in one of Wine Country’s highly coveted downtown locations.
The two-story property was originally constructed in 1986 and meticulously renovated in 2023 using high-quality materials and finishes throughout. Nine (9) small and highly functional office suites were created, with convenient access to shared kitchens and restroom facilities. Flexible zoning (R1/H) accommodates existing office use on both floors, and residential use on the second floor is also permitted, offering the potential for a mixed-use configuration and diversified income stream. New development in Sonoma has generally been extremely limited, with no new office projects constructed in the last decade and none in development pipeline. In addition, Victorian-era properties surround much of the downtown business core, often impeding local business’ path to leasing quality space and ownership opportunities, due to restrictive renovation costs. Inventory for well-located assets with quality construction like 190 West Napa Street will remain incredibly limited in the Sonoma market for the foreseeable future. EXISTING INCOME IN PLACE. PLEASE INQUIRE WITH BROKER FOR MORE DETAILS.
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