151 Petaluma BlvdPetaluma, CA 94952

Property Details for 151 Petaluma Blvd

Year built

2007

Construction

CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

28,721 SF

Property type

Hospitality properties

Property subtype

Motels

APN

008-690-006-000

APU

8690006000

Description

This exceptional retail opportunity is located at 151 Petaluma Blvd S, in Petaluma, California's vibrant Theatre Square. The property, a Class A building constructed in 2005, offers 60,000 square feet of leasable space, with a minimum divisible unit of 2,126 square feet. The three-story building sits on a 0.89-acre lot and boasts a floor area ratio (FAR) of 1.55. Its prime corner location provides excellent visibility and accessibility. The property benefits from ample nearby parking, catering to both tenants and customers. This location enjoys high traffic volume, with an annual average daily traffic count of 21,960 vehicles. The building features high-quality finishes throughout, reflecting its Class A designation. The property's address is 151 Petaluma Blvd S, Petaluma, CA 94952, with a cross street of 2nd Street and an APN of 008-690-006 in Sonoma County. The space will be available for lease starting April 1st, 2025. This is an ideal location for businesses seeking high visibility and foot traffic in a thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,949,920

  6.5%

  $8,261,464

  7%

  $7,671,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,384,966

  Geo Method

  $18,824,850

• Alternative Use

  Use

  Valuation

  Residential

  $9,019,119

  Hospitality

  $8,261,464

  Educational

  $6,873,441

  Medical

  $7,109,830

  Retail

  $10,692,020

Location Insight

City

Petaluma

County

Sonoma

State

California

Latitude

38.2329

Longitude

-122.637

CBSA code

42220

CBSA name

SANTA ROSA-PETALUMA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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