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102 S CLOVERDALE BLVD CLOVERDALE, CA 95425
- Commercial / Resale (MLS)
Property Details for 102 S CLOVERDALE BLVD, CLOVERDALE, CA 95425
Features
- Price/sqft: $254
- Lot Size: 0.61 acres
- Total Units: 5
- Construction Type: Frame
Facts
- Year Built: 01/01/1952
- Property ID: 894380964
- MLS Number: 324018448
- Parcel Number: 001-123-016
- Property Type: Commercial
- County: Sonoma
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. The Silverwood Building is located on the Northern fringes of Sonoma County's desirable Wine Country within the bucolic Cloverdale community. Positioned in the town's reimagined downtown core, The Silverwood Building offers an opportunity to invest in an asset which has been completely restored and includes a strong tenant base. Comprised of 2 separate legal parcels, totaling 26, 670 square feet, the offering fronts two well-traveled city streets, Cloverdale Boulevard and East 1st Street. With one parcel improved, the second parcel has been left vacant intentionally to allow for ample off-street parking. The Silverwood Building consists of 12, 000 square feet, demised into 7 separate units, completely redesigned and rebranded under the current ownership. Lending itself to the prime downtown location, the building is highly visible and flowing with its paseo styled layout. The building has undergone extensive renovations and capital improvements over the past 5 years in an effort to ensure a new owner can focus on cash flows from strong tenants in long-term leases. The Silverwood Building presents an opportunity for discerning investors to enter the Wine Country market or expand their current portfolio with a sound, quality and low risk asset.
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