Positioned in Santa Rosa's highly desirable McDonald District, 1203 College Avenue presents a rare mixed-use opportunity combining immediate income with long term upside. This versatile property is zoned PD (Planned Development), allowing for a wide range of commercial and residential uses ideal for investors, owner users, or those seeking a live/work configuration. The property features a commercial building with strong street presence along College Avenue, offering excellent visibility and accessibility. The flexible layout can accommodate a variety of business uses including professional office, boutique retail, wellness, or service based operations. Complementing the commercial component is a residential unit currently generating $3,300 per month in rental income, providing built in cash flow from day one. The site also benefits from ample on site parking, a valuable amenity in this established and highly sought after neighborhood. Located just minutes from Downtown Santa Rosa and thriving local businesses, this property offers both immediate functionality and future potential. The commercial space is also available for lease, creating additional flexibility for an owner user or investor. A unique opportunity to secure a high exposure asset in one of Santa Rosa's most iconic districts.