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Two-Story Office Building For Sale

332 Petaluma Sebastopol, CA 95472

332 Petaluma, Sebastopol, CA, 95472
$1,500,000
For Sale
Claim this Listing
$1,500,000

Two-story office building with four individual offices and ample storage.

Property Size3,692 SF
Price / SF$406.28
AddedMay 7, 2025
Days on Market436
Last RefreshMar 16 at 9:09 am

Property Features for 332 Petaluma

General Information

Standard status
Active
Size
3,692 SF

Building Details

Year Built
1974

Listing office O'BRIEN REAL ESTATE

Listing date May 7, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of O'BRIEN REAL ESTATE


Investment Insights

Based on property information with market context.

This two-story office building is zoned for commercial office use. The building features four individual offices, each with separately metered HVAC. Common areas include a kitchenette and two restrooms. The second story provides ample storage space suitable for office-related materials. The sale includes two additional parcels. The property has a size of 3692 square feet.

Key Highlights

  • Commercial Office Zoning
  • 2 Story Office Building with 4 Individual Offices
  • Separately Metered HVAC

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 $82.0k $22.20
− Vacancy −$12.5k −$3.37
EGI $69.5k $18.83
− OpEx −$17.4k −$4.71
NOI $52.1k $14.12
3,692 SF · lease $22.20/SF/yr · vacancy 15.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$744.7K
$651.6K – $868.8K (±1% cap)
NOI $52,128 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.00M
$875.4K – $1.17M (±1% cap)
NOI $70,031 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Building Supply Auto Parts Store Big Box & Wholesale Store Storage Facility HVAC Service Parking Lot & Garage Grocery & Convenience Store Auto Repair Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Two-story office building with four individual offices and ample storage.
Where is this office building located?
The property is located at 332 Petaluma Sebastopol, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Commercial Office Zoning; 2 Story Office Building with **4 Individual Offices**; Separately Metered HVAC
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