Property profile

301 Petaluma N Blvd Petaluma, CA 94952

OFF-MARKET
Auto shops
Property ID
US09-1365030
9,760 SF 0.3 ac lot Built 1910
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire a substantial, free-standing warehouse building in the heart of revitalizing downtown Petaluma, California. Situated on a 0.46-acre lot at 301 Petaluma Boulevard North, this building offers significant versatility due to its MU zoning, allowing for a wide range of commercial uses. The property boasts a flexible layout, easily divisible into multiple spaces to accommodate various tenants or ideal for a single owner-operator. A key advantage is the inclusion of fully approved city plans, incorporating value engineering and all necessary upgrades, saving significant time and expense for the new owner. The building's size and character perfectly align with current market demand, particularly notable given the current lack of comparable properties with ample parking in the downtown area. The property benefits from excellent street-front visibility along Petaluma Boulevard North, ensuring high exposure to potential customers and clients. This is a truly unique opportunity to own a substantial commercial property in a thriving downtown location, offering both immediate functionality and significant long-term potential. The convenient location allows easy access to local amenities, including a variety of restaurants and the scenic riverfront. This is a turnkey opportunity not to be missed.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1910
Construction WOOD
Total area 9,760 SF
Lot 0.3 ac (13,218 SF)
APN 006-161-022-000
UPID US09-1365030

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Architect
  • Tattoo & Piercing Shop
  • Architect
  • Architect

Location

301 Petaluma N Blvd Petaluma, CA 94952-2819
Petaluma metro Census 150901 SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$745k

Owner & transaction history

since 2023
7 recorded transactions
2024
Price N/A
2023
Price N/A
2021
$1.8M
2021
Price N/A
2014
Price N/A
2007
Price N/A
1984
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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