Map of Property

3000 Cleveland Ave

3000 Cleveland Ave, Santa Rosa, CA 95403

  • For Sale $1,686,000
  • Property Type Office
  • Property Size 6,000 SF
  • Lot Size 0.36 Acre
  • Building Class C
  • Date Updated May 16, 2025

3000 Cleveland Avenue represents an opportunity to develop a 14-unit apartment building through the re-purpose of an existing office building. Plans call for a unit mix of 13 one bedroom units and 1 studio unit.

The office building currently has several tenants on short term and month to month leases. Plans exist for the conversion and the seller has applied for initial review by the City Planning department. Conversion

construction bids are available for review. The financial opportunity is to ultimately own a newly re-purposed apartment project for less than $200,000 per unit. The acquisition cost of $1,786,000 plus the

conversion cost estimates of approximately $1,000,000 is a total investment of $2,786,000. This would be equal to $192,857 per unit. Newer and refurbished apartments in Santa Rosa have sold for well over

$300,000 per unit and the highest, reaching $466,000 per unit. After the conversion the potential value should be in the range of $4,200,000 to $4,900,000 and after the purchase price and conversion costs

estimates of $2,786,000 would provide the ownership with a minimum of $1,500,000 in equity build up for doing the construction conversion. This attractive opportunity has existing income from the office

tenants until the conversion is started. There is already existing plans in process for the construction. The City of Santa Rosa is very accommodating toward the development of apartments and the existing

zoning provides for multi-family use.

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Contacts

broker
Alan Coldiron Is this you?

Keegan & Coppin

Location

Getting Around

  • Walk Score ®

    67/100 Somewhat Walkable

  • Transit Score ®

    40/100 Some Transit

  • Bike Score ®

    56/100 Bikeable
Powered by Walk Score ®
  • City Santa Rosa, CA
  • Neighborhood North Junior
  • Zip Code 95403
  • Market San Francisco

Points of Interest

  • Santa Rosa Downtown

    2.01 miles

  • Rohnert Park

    8.36 miles

  • Cotati

    9.52 miles

  • ChargePoint

    0.47 miles

  • Tesla Supercharger

    0.48 miles

  • eVgo

    0.60 miles

  • Safeway Fuel Station

    0.69 miles

  • Chevron

    0.69 miles

  • Circle K

    0.75 miles

  • Chevron Santa Rosa

    1.05 miles

  • West College Gas & Mart

    1.42 miles

  • Shell

    1.46 miles

  • Speedway Express

    1.46 miles

  • P21

    0.20 miles

  • P20

    0.22 miles

  • Emeritus Lot

    0.69 miles

  • Bech Lot

    0.76 miles

  • Don Zumwalt Parking Pavillion

    1.00 miles

  • Garage Three

    1.84 miles

  • 5th and Morgan Lot

    1.96 miles

  • 3rd Street Garage

    1.97 miles

  • Santa Rosa Plaza Shopping Center

    1.99 miles

  • Depot Lot

    2.02 miles

  • Park Inn by Radisson

    0.14 miles

  • Rodeway Inn

    0.20 miles

  • Golden Coin Motel

    0.57 miles

  • Extended Stay America - Santa Rosa - North

    0.58 miles

  • Sandman Hotel

    0.66 miles

  • North Bay Inn

    0.77 miles

  • BEST WESTERN PLUS Wine Country Inn & Suites

    0.99 miles

  • Hampton Inn & Suites Santa Rosa Sonoma Wine Country

    1.29 miles

  • Krissie's B&B

    1.70 miles

  • Hotel E

    1.97 miles

  • In-N-Out Burger

    0.41 miles

  • Jack in the Box

    0.46 miles

  • Denny's

    0.46 miles

  • El Brinquito

    0.47 miles

  • Quick Sushi

    0.48 miles

  • Nick The Greek

    0.53 miles

  • SEA Noodle Bar

    0.53 miles

  • Jhanthong Banbua

    0.53 miles

  • BJ's

    0.54 miles

  • Chipotle

    0.55 miles

  • Empire College School of Business

    0.15 miles

  • Steele Lane Elementary School Annex

    0.50 miles

  • Lewis Adult Education Center

    0.68 miles

  • Analy Village

    0.80 miles

  • Santa Rosa Junior College

    0.84 miles

  • Robert Burdo Culinary Arts Center

    0.93 miles

  • Santa Rosa High School

    1.08 miles

  • Schaefer Elementary School

    1.12 miles

  • Ridgway High School

    1.13 miles

  • Santa Rosa City Schools

    1.18 miles

  • Humboldt Community Preschool

    0.93 miles

  • Mt. Taylor's Children Center

    1.05 miles

  • Bridge School

    1.42 miles

  • Woodside West Preschool

    2.57 miles

  • Tiny Treasures Preschool

    3.33 miles

  • Luther Burbank's Experiment Gold Ridge road farm

    7.53 miles

Frequently Asked Questions

How much does 3000 Cleveland Ave cost?

The space currently listed for sale at 3000 Cleveland Ave asks for $1,686,000.

What is the total square footage of 3000 Cleveland Ave?

3000 Cleveland Ave totals 6,000 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Alan Coldiron Is this you?

Keegan & Coppin

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