613 4th St, Santa Rosa, CA 95404

Property Description

Located in the heart of Santa Rosa's vibrant 4th Street business district, the iconic Kress Building is surrounded by boutique shops, acclaimed restaurants, lively bars, and entertainment, with multiple public parking garages nearby. This landmark property features two structures on one parcel, including retail/restaurant space leased to Darbar Kitchen (with plans to subdivide for a new 1,800 SF retail unit, increasing the projected CAP rate to 6.8 from the current 5.5), retail space at 618 5th Street leased to Clone Digital, and full-service leased office suites with a strong rental history. Professionally managed, with HVAC units less than five years old, the property offers stable income and prime downtown exposure.