Description
Santa Rosa City recently approved Adult Entertainment Venue. The ONLY Live Adult Entertainment Venue approved in Sonoma County! Turn Key Ready! Included at the price of $4.9M is all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures and permits. At a price of $4.5M the seller is willing to lease back the music venue at $1.15 per foot for three years, maintaining all improvements. At this rate the building would have about a 6.5% cap rate. At a price of $4.195M the seller will remove all sound and camera equipment, lighting, recording equipment, furnishings and fixtures from music venue. This is the current location of the Rock Star University's HOUSE OF ROCK which is arguably the finest, intimate rock venue on the entire West Coast. This facility is a fully permitted, TURN KEY, state of the art concert venue, soundstage, and production facility which features the finest in industry standard equipment, beer and wine license, plenty of parking, and can remain open until 2AM each day. HOUSE OF ROCK consists of approx half of the buildings space. In the other unit there is a nicely finished collector car storage warehouse with a DMV Wholesale Dealers License attached to the address. Zoned IL.
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0BEDS
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0.92ACRES
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0BATHS
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01/2 BATHS
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20,442SQFT
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$240$/SQFT
School Ratings & Info
Description
Santa Rosa City recently approved Adult Entertainment Venue. The ONLY Live Adult Entertainment Venue approved in Sonoma County! Turn Key Ready! Included at the price of $4.9M is all improvements, including the sound equipment, camera equipment, recording equipment, lighting, furnishings, fixtures and permits. At a price of $4.5M the seller is willing to lease back the music venue at $1.15 per foot for three years, maintaining all improvements. At this rate the building would have about a 6.5% cap rate. At a price of $4.195M the seller will remove all sound and camera equipment, lighting, recording equipment, furnishings and fixtures from music venue. This is the current location of the Rock Star University's HOUSE OF ROCK which is arguably the finest, intimate rock venue on the entire West Coast. This facility is a fully permitted, TURN KEY, state of the art concert venue, soundstage, and production facility which features the finest in industry standard equipment, beer and wine license, plenty of parking, and can remain open until 2AM each day. HOUSE OF ROCK consists of approx half of the buildings space. In the other unit there is a nicely finished collector car storage warehouse with a DMV Wholesale Dealers License attached to the address. Zoned IL.
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