For Sale
$995,000

1580 Washington StPetaluma, CA 94954

High-Yield Medical Office Complex, Fully Leased

Overview

Added:
Feb 3
Days on market:
60
This exceptional investment opportunity presents two adjacent Planned Unit Developments (PUDs) totaling 3,028 square feet, located at 1580 E Washington Street, Unit 5, Petaluma, California. Currently generating a 7% capitalization rate, the property is fully leased to two medical tenants, providing immediate and consistent cash flow. The flexible zoning allows for a diverse range of professional uses beyond medical practices, offering future expansion and tenant diversification potential. Situated in a prime Petaluma location, the property benefits from convenient access to Highway 101, ensuring easy commutes for both tenants and clients. The surrounding area boasts a wealth of amenities, including Petaluma Hospital, a variety of restaurants, and ample shopping options, enhancing the property's appeal and tenant retention prospects. This turnkey investment is ideal for those seeking a stable, high-yield asset in a thriving California market. The property's strong tenant occupancy, desirable location, and flexible zoning combine to create a compelling investment proposition with significant long-term growth potential. The asking price is $995,000. This represents a rare opportunity to acquire a well-established, income-producing property in a highly sought-after area. Serious inquiries are encouraged.

Property Details for 1580 Washington St

Property type
Office properties
Year Built
1973

Location Insight

City
Petaluma
County
Sonoma
State
California
Latitude
38.25095
Longitude
-122.6229
1580 Washington St, Petaluma, California

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1580 Washington St
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