108 Petaluma N Blvd Petaluma, CA 94952-2905
- Showrooms
- 2,920 SF
- 0.05 lot acres
Current Use by Public Records
- Vicki's Secret-Designer Consignment / Women'S Clothing Store / Consignment Shop
- Raesfeld Associates Inc / Construction Company
Property Details for 108 Petaluma N Blvd
- Year built
- 1906
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.05 lot acres
- Property size
- 2,920 SF
- Property type
- Showrooms
- APN
- 006-282-004-000
- APU
- 6282004000
Description
This stunning mixed-use property at 108 Petaluma Boulevard in Petaluma, California, presents a unique investment opportunity. Built between 1850 and 1860, this charming building boasts a rich history, having served as a hotel, horse stable, and various restaurants throughout its existence. Currently configured as a ground-floor retail clothing store and a professional office space on the upper level, the property offers versatile options for future use. The building has undergone tasteful updates, including updated bathrooms on both floors. The upstairs features a large, open area ideal for a variety of professional uses. The 0.05-acre lot provides ample space for outdoor activities or potential expansion. The property is zoned T6, allowing for mixed-use development, ensuring flexibility for the new owner. This is a rare chance to acquire a piece of Petaluma's history, a beautifully maintained building with significant potential for growth and income generation. The building's central location in Petaluma offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. The combination of historical charm, modern updates, and flexible zoning makes this property a truly exceptional investment. The existing retail and office spaces provide immediate income potential, while the zoning allows for a wide range of future development possibilities. Don't miss this opportunity to own a piece of Petaluma's vibrant past and secure a promising future.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $310,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $555,000
- 6.5%
- $515,000
- 7%
- $475,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $218,000
Market price range: $219k - $852k
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Location Insight
- Map
- Local Demand
- City
- Petaluma
- County
- Sonoma
- State
- California
- Longitude
- -122.64
- Latitude
- 38.2344
- CBSA code
- 42220
- CBSA name
- SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA