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1000 Lakeville St 24,100 SF Retail Building Petaluma, CA 94952 $4,300,000 ($178.42/SF)
Executive Summary
±20,000 SF WAREHOUSE/RETAIL BUILDING/ DEVELOPMENT OPPORTUNITY ON 2.6 ACRES
1000 Lakeville Street in Petaluma offers a highly visible location for either industrial or retail development uses, that can be delivered for sale to either a user or developer to maximize the development site potential. Currently configured as a single tenant building with abundant parking. The building was built-to-suit in 1974 for an appliance store.
SALE PRICE
$4,300,000 ($215 Per Square Foot)
005-060-091 (additional site APN 005-060-090, $600,000)
Sale includes the opportunity to purchase the parcel across the street for an additional $600,000 (APN: 005-060-090).
1000 Lakeville Street in Petaluma offers a highly visible location for either industrial or retail development uses, that can be delivered for sale to either a user or developer to maximize the development site potential. Currently configured as a single tenant building with abundant parking. The building was built-to-suit in 1974 for an appliance store.
SALE PRICE
$4,300,000 ($215 Per Square Foot)
005-060-091 (additional site APN 005-060-090, $600,000)
Sale includes the opportunity to purchase the parcel across the street for an additional $600,000 (APN: 005-060-090).
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
24,100 SF
Building Class
B
Year Built
1974
Price
$4,300,000
Price Per SF
$178.42
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
4.98 AC
Zoning
Limited Industrial - Limited Industrial
(current use retail)
Parking
32 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
164’ on Lakeville St
Amenities
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Goodwill began in 1902 as a nonprofit movement built around collecting donated goods, repairing usable items, and using resale revenue to support people seeking work. Today, Goodwill operates as a network of community-based organizations that provide job training, employment placement services, and other programs for people facing barriers to employment. The organization uses donated-goods retail to fund local mission services, combining thrift operations with workforce development and community support. Goodwill's work spans employment readiness, skills-building, and reinvestment in local communities through its affiliated nonprofit model.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 005-060-091 | Improvements Assessment | $724,829 |
| Land Assessment | $1,763,511 | Total Assessment | $2,488,340 |
Property Taxes
Parcel Number
005-060-091
Land Assessment
$1,763,511
Improvements Assessment
$724,829
Total Assessment
$2,488,340
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