PRIME MIXED-USE MULTI-TENANT OFFICE/RETAIL INVESTMENT
200 South Main Street/7131 Burnett Street consists of prime mixed-use in downtown Sebastopol on two parcels totaling approximately +29,465 square feet. The two parcels are sold separately.
The property was developed in 2002 by the current owner, and was designed by Kevin Kellogg, a highly regarded local architect. The improvements are comprised of a first floor with retail of approximately 5,111 square feet and a second floor with approximately 6,188 square feet. The improved portion of the offering sits on +20,000 square feet. Additionally, the adjacent lot, 7131 Burnett Street offers potential additional development opportunities and is sold separately. Please inquire with the city of Sebastopol for any proposed use or development options.
The property has four tenants located in eleven leasable spaces. 78% of the building is leased to Sebastopol Independent Charter School, and three other retail/commercial uses occupy 22% of the building in separate retail spaces fronting South Main Street.
The first floor retail and classroom/office spaces are occupied by the Sebastopol Independent Charter School, Free Range Guitars, Boundless and West County Cycle Service with spaces ranging from +782 square feet to +2,000 square feet The second floor classroom/office spaces (elevator served) are occupied by the owner with spaces ranging in size between approximately 275 square feet to 994 square feet. The Sebastopol Independent Charter School will lease for a period of up to 6 months from close of escrow, as they relocate to a larger school site. This period will allow an investor time to pre-lease the spaces occupied by the school.