140 2Nd StPetaluma, CA 94952

Property Details for 140 2Nd St

Year built

2007

Construction

CONCRETE

Lot size

0.40 AC

Property size (Sq ft)

34,125 SF

Property type

Hospitality properties

Property subtype

Motels

APN

008-690-005-000

APU

8690005000

Description

This exceptional retail opportunity presents ±939 square feet of space available for lease within the vibrant Theatre Square district of Petaluma. Located in a Class "A" building boasting high-quality finishes, this space is part of a larger building with a total of one suite. The property is situated in a highly desirable location, offering excellent visibility and foot traffic in the heart of Petaluma's Theatre Square. The space is currently vacant and ready for immediate occupancy. Building signage opportunities are available, providing exceptional branding potential for your business. Ample and convenient parking is readily accessible for customers and employees. The building is three stories, and this retail space is divisible to a minimum of 939 square feet. This is an ideal location for a business seeking high visibility and a strong presence in a thriving downtown area. The property's prime location and high-quality construction make it an attractive option for a variety of retail uses. Don't miss this chance to establish your business in a premier Petaluma location. The space is easily accessible from Petaluma Blvd. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $10,633,892

  6.5%

  $9,815,900

  7%

  $9,114,764

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,715,260

  Geo Method

  $22,366,838

• Alternative Use

  Use

  Valuation

  Residential

  $10,716,111

  Hospitality

  $9,815,900

  Educational

  $8,166,714

  Medical

  $8,447,579

  Retail

  $12,703,777

Location Insight

City

Petaluma

County

Sonoma

State

California

Latitude

38.2332

Longitude

-122.637

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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