About 2447 Summerfield Road
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.
Features of 2447 Summerfield Road
| MLS® # | 324050859 |
|---|---|
| Price | $12,667,650 |
| Square Footage | 58,215 |
| Acres | 7.33 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 2447 Summerfield Road |
|---|---|
| Area | Santa Rosa-Southeast |
| City | Santa Rosa |
| County | Sonoma |
| State | CA |
| Zip Code | 95405-7815 |
Amenities
| Utilities | DSL Available, Master Water Meter, Natural Gas Connected, Separate Gas Meter, Telephone, Cable Connected, Underground Utilities |
|---|---|
| Features | Conference Room, Cold Storage, Dumpster, Elevator(s), Hood System, Kitchen Facilities, Living Area in Building, Sprinkler System Landscape, Landscaping, Low-Flow Shower(s), Manager's Office, Other Restroom Facilities, Patio, Reception Area, Recreation Facility, Restroom(s)-Public, Restroom(s)-Private, Washer/Dryer Owned |
Interior
| Heating | Roof Package Separate |
|---|---|
| Cooling | Roof Package Joint, Wall Unit(s) |