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108 Petaluma Blvd
Petaluma, CA 94952
Retail Property For Sale


Investment Highlights
- Mixed-use building featuring retail space on the street level with office space above.
- Offers unobstructed views of the Petaluma River from the property.
- Located within the Downtown Assessment District, providing convenient parking access.
- Located in the heart of downtown Petaluma with high visibility on Petaluma Boulevard North.
- Features a vibrant ground-floor retail environment paired with upper-level office or potential residential space.
- Zoned MU2 with Historic Combining District designation, allowing for a variety of uses.
Executive Summary
This mixed-use retail and office building at 108 Petaluma Boulevard North offers a rare opportunity to acquire a property in the heart of downtown Petaluma. The building totals approximately 4,870 square feet across three levels, including a street-level retail space, a mezzanine, and an upper-level office area. Originally constructed in the 1890s with an addition in the 1930s, the structure features brick construction with a built-up roof and has undergone multiple improvements over time, including seismic upgrades and interior remodels.
The property is situated on a ±2,346 square foot lot and benefits from high visibility along Petaluma Boulevard with unobstructed views of the Petaluma River. Its location within the Central Petaluma Specific Plan (T-6) and Historic Combining District provides a unique setting for investment. Zoning is MU2, allowing for a variety of uses under the city’s mixed-use guidelines. The building is within the Downtown Assessment District, offering convenient access to parking and surrounding amenities.
This asset combines historic character with functional adaptability, making it suitable for retail, office, or potential residential conversion. Positioned in a vibrant downtown corridor, the property provides an opportunity to own a distinctive building in a highly desirable location with strong pedestrian activity and proximity to the riverfront.
The property is situated on a ±2,346 square foot lot and benefits from high visibility along Petaluma Boulevard with unobstructed views of the Petaluma River. Its location within the Central Petaluma Specific Plan (T-6) and Historic Combining District provides a unique setting for investment. Zoning is MU2, allowing for a variety of uses under the city’s mixed-use guidelines. The building is within the Downtown Assessment District, offering convenient access to parking and surrounding amenities.
This asset combines historic character with functional adaptability, making it suitable for retail, office, or potential residential conversion. Positioned in a vibrant downtown corridor, the property provides an opportunity to own a distinctive building in a highly desirable location with strong pedestrian activity and proximity to the riverfront.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,870 SF
Building Class
C
Year Built/Renovated
1895/1930
Price
$1,475,000
Price Per SF
$302.87
Cap Rate
4.18%
NOI
$61,633
Percent Leased
33%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.14
Lot Size
0.05 AC
Zoning
MU2 - Mixed Use, Central Petaluma Specific Plan, Historic Combining District
Frontage
32’ on Petaluma Blvd
Amenities
- Waterfront
Property Taxes
| Parcel Number | 006-282-004 | Improvements Assessment | $257,570 |
| Land Assessment | $45,982 | Total Assessment | $303,552 |
Property Taxes
Parcel Number
006-282-004
Land Assessment
$45,982
Improvements Assessment
$257,570
Total Assessment
$303,552
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