Pending
2447 Summerfield Rd
Santa Rosa CA, 95405
$12,667,650
$217.60 per sqft
Pending
58,215 sqft
Commercial
Built in 1960
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.
324050859
MLSⓇ ID
June 28, 2024
Listed
October 2, 2024
Updated
Map
2447 Summerfield Rd
Santa Rosa CA, 95405
Interior Features
Total Stories
1
Floor Description
Carpet, Combo of Materials, Concrete, Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Roof Package Joint, Wall Unit(s)
Heating
Yes
Heating Description
Roof Package Separate
Exterior/Building Features
Lot Size
7.33 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Santa Rosa-Southeast
Garage
No
Parking
Common Area Shared, Lighted, Visitor
Parking Total
0
View
No
County
Sonoma
Water Source
Meter on Site, Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/1/2024 | Pending | — |
Listed by William Severi (01000344) with North Bay Property Advisors
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Inspire Real Estate | Nadine Reyes, Owner/Broker | CA DRE# 01895778 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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