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401 Washington St
Petaluma, CA 94952
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
5,282 SF
Building Class
C
Year Built
1923
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.25 AC
Zoning
CITYPE
Parking
12 Spaces (3.79 Spaces per 1,000 SF Leased)
Frontage
114’ on Keokuk St

AMENITIES

  • Pylon Sign

ABOUT 401 WASHINGTON ST , PETALUMA, CA 94952

This neighborhood strip center has five spaces. and offers prospective buyers an opportunity in the desirable center of Petaluma. Tenants are currently paying rent ranging from $0.88 - $1.25 per square foot. Market rate is closer to $1.50 per square foot. The property benefits from an Environmental Indemnification and Hold Harmless Agreement by Shell Oil Company, which owns the neighboring parcel. In the Agreement, Shell Oil Company agrees to provide indemnifications and to hold harmless the current and future owners from environmental claims related to leakage from its storage tanks. The property is located on Washington Street, near Petaluma' s historic downtown area. Close proximity to public transportation as well as Petaluma' s many retail, dining and entertainment businesses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 006-361-005
  • 006-361-004
Land Assessment
$455,125
Improvements Assessment
$625,804
Total Assessment
$1,080,929
  • Listing ID: 8710833

  • Date on Market: 8/17/2017

  • Last Updated:

  • Address: 401 Washington St, Petaluma, CA 94952

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