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Chanate Property to be Put Up for Sale

Published:  August 31, 2021

The Sonoma County Board of Supervisors today voted to remarket the surplus 71-acre county-owned Chanate Campus for sale in an online auction beginning Sept. 7 and ending Nov. 9.   Results of recent seismic analysis, constraint maps and an updated appraisal for the property will be released Sept. 7 when the property is officially placed on the market. The Board voted to utilize the online sale platform Ten-X to host the auction. Acceptance of sealed bids will run through Nov. 9 at 9 a.m., at which time the County will open the bids at a public meeting.

 

The Board is re-engaging with CBRE Inc. and North Bay Property Advisors to put the property up for private sale. The terms of the sale of the property will be described as all-cash, as-is, without contingencies or entitlements, with all structures and property conveyed at closing. All costs associated with demolition of buildings will be paid by the buyer. All interested parties should conduct their due diligence investigations prior to submission of their sealed bids. The purchase agreement shall not include inspections contingencies. The sale is subject to a leaseback agreement with the county for the Public Health Lab and Morgue and Coroner’s Office for four years with two six-month options to extend. Parcel J is not included in the sale.

 

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