531 Summerfield Road

Santa Rosa, CA, 95405

$9,500,000

$213 per ft²
$9,500,000
$213 per ft²
Active
Active
 - For Sale
carpenters-square
44,598 ft²
property_type
Commercial
calendar
Built 1962
Located in the Montgomery Village area of East Santa Rosa, the Lakeside Shopping Center provides a high level of visibility and easy accessibility for its multiple retail tenants. Consisting of nine buildings totaling approximately 44,598 SF of rentable space on 4.22 acres, this well-maintained property is located at the high traffic intersection of Summerfield Road and Montgomery Drive. The eleven diverse tenants are anchored by Summerfield Cinemas, Mary's Pizza Shack, and East West Cafe. The current ownership has maintained 100% occupancy from its longstanding tenants for the past 11+ years.
MLS® ID:
321018174
Updated:
3/27/23

Exterior/Building Features

Lot Size
4.22 acres lot
Architectural Style
Retail, Strip Center
Sewer
Public Sewer

Other Property Details

Area Name
Santa Rosa-Southeast
Garage
No
Parking
200
Parking Total
200.0
View
N
County
Sonoma
Water Source
Public
Pool
No
Buyer Agency Compensation
2

Property History

Date
Event
Price
Value
5/12/22
Pending
-
-
7/1/22
Active
-
-
7/6/22
Active Under Contract
-
-
7/21/22
Active
-
-
8/9/22
Price Change
$9,995,000
-4%
11/30/22
Price Change
$9,500,000
-4%

Listed by Leon Geisberg (01111523) with Berkshire Hathaway

Listing Contact:  

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