For Sale
$3,900,000

1425 Mcdowell BlvdPetaluma, CA 94954

Prime Office Space, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story office building, located at 1425 N McDowell Blvd in Petaluma, CA 94954, offers 39,054 rentable square feet. Built in 1994 and extensively renovated in 2024, the Class B property boasts a desirable location in Sonoma County, with excellent signage opportunities and ample on-site parking, including EV charging stations. Currently 59% occupied, the building presents a strong investment opportunity for owner-users or investors seeking to capitalize on the potential for increased rental rates and occupancy. The property features a convenient elevator, a dedicated conference room, and attractive exterior patio space with mature landscaping. The flexible floor plan caters to a range of tenants, from small to mid-sized businesses, minimizing re-leasing costs and maximizing market appeal. The building is zoned PCD and has an APN of 047-360-022-000. The asking price is $3,900,000, translating to $99.86 per square foot. This represents a significant opportunity to acquire a well-maintained office building at a price point below replacement cost, offering substantial potential for revenue growth through leasing or by utilizing the space for a company's own operations while generating income from the remaining space. The current anchor tenant, United Cerebral Palsy North Bay, provides a stable income stream. This is a rare opportunity to acquire a versatile and well-located commercial property in a thriving market.

Highlights

  • $3,900,000 asking price for a 39,054 square foot office building.
  • Located at 1425 N McDowell Blvd, Petaluma, CA 94954.
  • Office building features include: two stories, elevator, ample parking, EV charging stations, and a conference room.
  • Currently 59% occupied, offering potential for increased rental income.
  • Built in 1994, renovated in 2024, Class B building.
  • Suitable for owner-user or investor; strong in-place income with upside potential.

Property Details for 1425 Mcdowell Blvd

Property type
Office properties, Medical offices
Square Feet
39,054 SF
Class
B
Year Built/Renovated
1994/2024
Buildings
1
Stories
2

Location Insight

City
Petaluma
County
Sonoma
State
California
Latitude
38.2758707
Longitude
-122.6716949
1425 Mcdowell Blvd, Petaluma, California

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1425 Mcdowell Blvd
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