436 Center Street
Healdsburg, CA
Facility Highlights
- 2,980 SF Mixed use Retail and Residential asset consisting of 1 ground floor retail unit occupied by a Hair Salon at the time of Sale as well as 2 residential units above it
- This Property delivered one of the last available vacation rental permits approved in Healdsburg’s Downtown Corridor
- Located in close proximity to the popular Healdsburg Square, with many critically acclaimed restaurants and tasting rooms within walking distance
Transaction Summary
- SVN | True Real Estate Partner’s was the third Brokerage Firm to list this property after two others did so unsuccessfully as they aggressively overpriced it
- Rather than pursue the same strategy that already failed twice, SVN | True Real Estate Partners offered the property to the market unpriced which resulted in multiple offers at a price Ownership agreed to sell at
- The first Buyer SVN sourced failed to close as contracted and SVN | True Real Estate Partner’s was able to put the property back in Escrow that same week
Key Benefits
- SVN | True Real Estate Partners sold a property within a relatively short period of time that two others competing firms failed to sell over a period of two years
- SVN | True Real Estate Partners kept the deal alive due to their aggressive outreach and Buyer sourcing
- SVN | True Real Estate Partners sold the property at a price multiple Brokers advised the Property would “never trade for”