Property Details
About this Property
Chapter 7 Bankruptcy Overbid Opportunity 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.
MLS Listing Information
MLS #
BA324050859
MLS Source
Bay Area Real Estate Information Services, Inc.
Days on Site
151
Commercial Information
# Buildings / # Units
0
Parking Spaces
0
Present Use
Mixed, Other
Utilities
Natural Gas Available, Water - Public
Interior Features
Flooring
Carpet, Concrete, Tile, Varies, Vinyl
Cooling
Roof Package - Joint, Window/Wall Unit
Heating
Roof Package - Separate
Exterior Features
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Contact Information
Listing Agent
William Severi
North Bay Property Advisors
License #: 01000344
Phone: (707) 523-2700
Co-Listing Agent
Nick Abbott
North Bay Property Advisors
License #: 01357548
Phone: (707) 523-2700
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2447 Summerfield Rd is a Commercial Sale in Santa Rosa, CA 95405. This 58,215 square foot property sits on a 7.33 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $10,500,000 and was built in 1960. This address can also be written as 2447 Summerfield Rd, Santa Rosa, CA 95405.
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This listing information is up-to-date as of November 16, 2024. For the most current information, please contact William Severi, (707) 523-2700
