824 Petaluma BlvdPetaluma, CA 94952

Property Details for 824 Petaluma Blvd

Year built

1950

Construction

TILT-UP CONCRETE

Lot size

0.14 AC

Property size (Sq ft)

1,829 SF

Property type

Retail space

APN

008-313-017-000

APU

8313017000

Description

This exceptional mixed-use property, located at 824 Petaluma Boulevard South in Petaluma, California, presents a unique investment opportunity. Situated on a 0.14-acre lot (approximately 6,250 square feet), this 1,829 square foot building offers a versatile space ideal for a variety of commercial uses. Originally constructed in 1950 and meticulously maintained for over 15 years, the property boasts exceedingly tall interior ceilings and an open concept layout, making it easily adaptable to diverse business needs. A significant advantage is the inclusion of a 300 square foot additional space at the rear of the lot, accessible via a 12-foot roll-up door. Practical amenities include air conditioning, a private bathroom, and a fully fenced lot with a newer gate. Seven parking stalls are available, ensuring ample parking for customers and employees. The property's prime location on Petaluma Boulevard South provides excellent visibility and exposure to high traffic volume, placing it within minutes of Downtown Petaluma's vibrant offerings, including restaurants, theaters, banks, and fitness centers. This turnkey commercial space is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $737,626

  6.5%

  $680,885

  7%

  $632,251

• Comparable approach

  Method

  Valuation

  Relative Method

  $845,749

  Geo Method

  $1,285,518

• Alternative Use

  Use

  Valuation

  Residential

  $574,352

  Hospitality

  $526,104

  Educational

  $437,712

  Medical

  $452,766

  Retail

  $680,885

Location Insight

City

Petaluma

County

Sonoma

State

California

Latitude

38.2284

Longitude

-122.627

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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