305 Petaluma BlvdPetaluma, CA 94952

  • Healthcare properties
  • 851 SF
For Sale
$625,000 View listing

Property Details for 305 Petaluma Blvd

Year built
1958
Construction
WOOD
Lot size
0.04 AC
Property size (Sq ft)
851 SF
Property type
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
305 Petaluma Blvd, Petaluma, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,718
$255,000
$357,000
$612,000
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