Property summary
This exceptional mixed-use property, situated at 153 Kentucky Street in the heart of historic downtown Petaluma, California, presents a compelling investment or owner-user opportunity. Spanning 0.08 acres, the property is zoned MU2 (Mixed-Use 2), offering considerable versatility for a range of potential uses. Currently generating income from existing tenants, this asset provides immediate cash flow. The building's location within Petaluma's vibrant downtown ensures high visibility and accessibility, attracting a diverse clientele. The property's rich history adds to its unique character and appeal. Investors and owner-users alike will appreciate the potential for long-term growth and profitability. The flexible zoning allows for exploration of various business ventures, subject to city approvals. Prospective buyers are encouraged to independently verify permitted uses with the City of Petaluma Planning Department to fully understand the development possibilities. This is a rare chance to acquire a piece of Petaluma's thriving downtown, offering a blend of immediate return and significant future potential. The property's central location and flexible zoning make it an ideal investment for those seeking a strong return on investment in a desirable California market. Serious inquiries are welcome.
Property profile
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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