305 Petaluma BlvdPetaluma, CA 94952

Property Details for 305 Petaluma Blvd

Year built

1958

Construction

WOOD

Lot size

0.04 AC

Property size (Sq ft)

851 SF

Property type

Medical offices

Property subtype

Medical centers

APN

008-125-013-000

APU

8125013000

Description

This exceptional mixed-use property, located at 305 Petaluma Boulevard in the vibrant West Petaluma area, presents a unique investment opportunity. The building encompasses 851 square feet on a 0.04-acre lot (1,568 square feet). Its prime location offers high visibility near parks, restaurants, and the bustling downtown core of Petaluma. The interior boasts a stylish, open-concept layout in the front, providing considerable flexibility for a variety of business uses. Tasteful updates throughout contribute to a sophisticated and high-end ambiance. A well-appointed kitchenette is situated at the rear, complete with a microwave, sink, and a convenient wine refrigerator, along with stacked laundry units. Two additional rooms are available, ideal for private offices or specialized services. Existing plumbing is retained in these rooms for potential future adaptations. The property also includes a split bathroom configuration: a larger bathroom featuring a sink and shower, and a smaller half-bathroom for added convenience. A lovely private back patio adds to the property's appeal, offering an outdoor space for relaxation or potential business use. This property is ready for immediate occupancy and presents a compelling opportunity for a discerning buyer seeking a well-maintained, versatile commercial space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $233,472

  6.5%

  $215,512

  7%

  $200,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $156,155

  Geo Method

  $237,352

• Alternative Use

  Use

  Valuation

  Residential

  $267,235

  Hospitality

  $244,786

  Educational

  $203,659

  Medical

  $210,663

  Retail

  $316,803

Location Insight

City

Petaluma

County

Sonoma

State

California

Latitude

38.2321

Longitude

-122.635

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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