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201 Western Ave 7,450 SF 100% Leased Retail Building Petaluma, CA 94952 $2,199,000 ($295.17/SF) 5.87% Cap Rate
INVESTMENT HIGHLIGHTS
- Fullly leased
- City of Petaluma Mixed-Use 2 (MU2) zoning
- Zoning= Mixed Use 2 (MU2)
- High-visibility location with easy access and ample street parking
- Located just outside the heart of downtown
EXECUTIVE SUMMARY
Prime Downtown Petaluma Commercial Property
Located just outside the heart of downtown, this MU2-zoned property offers exceptional versatility for investors and business owners alike. Fully leased and generating immediate cash flow, it’s a turnkey opportunity with strong income potential.
Highlights included Mixed-Use 2 (MU2) zoning which allows for a variety of uses (check with the City of Petaluma for possibilities), High-visibility location with easy access and ample street parking, and Income-producing with tenants already in place. Seize this rare opportunity to own a prime piece of Petaluma real estate!
Shown by appointment only.
PLEASE DO NOT DISTURB TENANTS.
Located just outside the heart of downtown, this MU2-zoned property offers exceptional versatility for investors and business owners alike. Fully leased and generating immediate cash flow, it’s a turnkey opportunity with strong income potential.
Highlights included Mixed-Use 2 (MU2) zoning which allows for a variety of uses (check with the City of Petaluma for possibilities), High-visibility location with easy access and ample street parking, and Income-producing with tenants already in place. Seize this rare opportunity to own a prime piece of Petaluma real estate!
Shown by appointment only.
PLEASE DO NOT DISTURB TENANTS.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,450 SF
Building Class
C
Year Built
1942
Price
$2,199,000
Price Per SF
$295.17
Cap Rate
5.87%
NOI
$129,152
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.19 AC
Zoning
(MU2) - Mixed Use 2
Frontage
106’ on Western Avenue
AMENITIES
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (98)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 008-041-001 | Improvements Assessment | $1,220,389 |
| Land Assessment | $530,604 | Total Assessment | $1,750,993 |
PROPERTY TAXES
Parcel Number
008-041-001
Land Assessment
$530,604
Improvements Assessment
$1,220,389
Total Assessment
$1,750,993
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Century 21 Epic
201 Western Ave
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