890 Petaluma Blvd Petaluma, CA 94952

This exceptional mixed-use property presents a compelling development opportunity in the vibrant city of Petaluma, California. Situated on a sizable 0.38-acre lot at 890 Petaluma Boulevard, this location offers unparalleled convenience, less than a mile from Downtown Petaluma's bustling core. The property's proximity to a wealth of shopping, dining, and transportation options ensures high visibility and accessibility. Currently approved by the city, the plans encompass a seven-unit mixed-use building featuring commercial space on the ground floor and residential units above. A private enclosed courtyard adds to the property's appeal and functionality. The existing approvals offer a significant advantage, streamlining the development process and reducing potential delays. However, alternative development plans are also possible, with the potential for eleven residential units if ground floor commercial space is not desired. This flexibility allows for a range of development scenarios to suit various investment strategies. The asking price of $1,300,000 represents a significant opportunity for investors seeking a high-return project in a thriving market. Prospective buyers are encouraged to conduct their own due diligence to fully assess the potential of this remarkable property. This is a rare chance to acquire a well-situated property with approved plans, offering a clear path to a profitable development venture.