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:  

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