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Flex Space with Warehouse and Office

1145 Petaluma Hill Road Santa Rosa, CA 95404

1145 Petaluma Hill Road, Santa Rosa, CA, 95404
$899,995
For Sale
$899,995

COMMERCIAL - Santa Rosa, CA

Property Size5,000 SF
Lot Size0.15 Acres
Price / SF$179
Days on Market21

Property Features for 1145 Petaluma Hill Road

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
038112024000
Lot size
0.15 Acres

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1945
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Frame
Listing Agency Keller Williams Realty
3333 Mendocino Ave #100, Santa Rosa, CA
Listed by Christine Adams · License #02016680
Added: Jul 1 Checked: Jul 21 at 1:06 am
MLS# 325091387

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 5,000 sq ft commercial building is currently operated as an appliance parts store and includes a large warehouse area, an office component, and additional storage. Approximately 4,000 sq ft is open with high ceilings, supported by multiple heavy-duty interior shelving units. At the rear, there is about 1,000 sq ft of additional office and storage space, including a designated office of approximately 355 sq ft and an extra storage room that could be converted to additional office space. The building has both a roll-up and a standard garage door, two bathrooms, and a second-story loft that overlooks the warehouse and provides roughly 800 sq ft of additional storage. The exterior has been freshly painted.

Located on a corner lot in a main business thoroughfare in Santa Rosa, the property is described as easy to reach and positioned near freeways and major retailers including Costco, Target, and Best Buy.

For buyers and operators, the layout supports a range of light industrial, warehouse, retail, or service-based uses. The combination of high-ceiling open warehouse space, multiple doors, existing shelving, and workable back-office area can help accommodate both showroom and day-to-day operations depending on the tenant’s workflow.

Key Highlights

  • 5,000 sqft commercial building built in 1945 with 4,000 sqft main warehouse plus 1,000 sqft office/storage at the rear
  • Corner lot on a main business thoroughfare with roll‑up and standard garage doors
  • Warehouse includes high ceilings and is set up with multiple heavy‑duty interior shelving units

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $111.0k $22.20
− Vacancy −$16.9k −$3.37
EGI $94.1k $18.83
− OpEx −$23.5k −$4.71
NOI $70.6k $14.12
5,000 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.01M
$882.5K – $1.18M (±1% cap)
NOI $70,596 @ 7.0% cap · market cap 7.84%
Second Best
Warehouse
$894.3K
$782.6K – $1.04M (±1% cap)
NOI $62,604 @ 7.0% cap · market cap 6.96%
Theoretical Best
Multifamily LT 5
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,241 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Appliance Parts Equipment ... Big Box & Wholesale Store

Suggested Use

Dental Office (Bike/Boat/Book/etc) Store Locksmith Restaurant Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Fish Market HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • on Q events & catering — 704 Bennett Valley Rd, Santa Rosa, CA 95404
  • Savory N Sweet — 9 4th St, Santa Rosa, CA 95401

FAQs

What type of property is this?
Flex space - Versatile 5,000 sq ft corner commercial building with warehouse, office, doors, bathrooms, and loft storage.
Where is this flex space located?
The property is located at 1145 Petaluma Hill Road Santa Rosa, CA.
What is the asking price?
The asking price for this property is $899,995.
What are key features of this property?
This property features: 5,000 sqft commercial building built in 1945 with 4,000 sqft main warehouse plus 1,000 sqft office/storage at the rear; Corner lot on a main business thoroughfare with roll‑up and standard garage doors; Warehouse includes high ceilings and is set up with multiple heavy‑duty interior shelving units
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