Kress Building
Pro forma Cap 7%+
Marketing description
The Iconic Kress Building – Santa Rosa CA
Rare chance to own a landmark property in the heart of Santa Rosa’s dynamic 4th Street business district, across from Old Courthouse Square. Originally built for the famed S.H. Kress & Co., this architecturally distinguished building is part of a legacy of historic Kress structures recognized ascultural landmarks across the country.
The Kress Building sits at the epicenter of Santa Rosa’s vibrant downtown scene, surrounded by boutique shops, popular restaurants, bars, and entertainment venues, all within walking distance. Several public parking garages are conveniently located nearby, providing ample parking for tenants and visitors.
The property includes two structures on a single parcel: 613 4th Street: A beautifully preserved two-story building featuring a ground-floor retail/restaurant space currently leased to Darbar Kitchen – Indian & Nepalese Cuisine, a new and popular dining destination.
The second structure : 618 5th Street - an approximately 4,000 square foot leased to Clone Digital, a printing company.
The second floor offers a various remodeled office suites, and hallway skylights that capture abundance of natural light. The upstairs is home to a diverse group of professional tenants, including lawyers, therapists, engineering, real estate …etc. Most leases are on month-to-month providing immediate rental upside. Office tenants are on a full-service leases.
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