901 Washington StPetaluma, CA 94952

  • Retail space
  • 13,604 SF

Property Details for 901 Washington St

Year built
1991
Lot size
0.66 AC
Property size (Sq ft)
13,604 SF
Property type
Retail space
Property subtype
Storefront properties
APN
007-361-033-000
APU
7361033000

Description

This exceptional 5,710-square-foot retail endcap space in Petaluma, California, presents a unique opportunity for businesses seeking high visibility and convenient access. Located at 901 E Washington St, directly off Highway 101, this single-story building boasts tremendous visibility to an estimated 40,000 cars daily. The property offers ample parking and plentiful power, making it ideal for a variety of retail uses. Its prime location within a daily needs center places it in close proximity to major retailers such as Target, Whole Foods, Sprouts, Safeway, Raley's, Dick's Sporting Goods, and CVS. The property's strategic position across the street from East Washington Place, the Sonoma-Marin Fairgrounds, and the Petaluma Swim Center/Skatepark further enhances its appeal. The entire 5,710 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This endcap space in Sonoma County, zip code 94952, provides an unparalleled opportunity to establish a thriving business in a bustling and highly accessible location. The property is situated in a high-traffic area with excellent visibility and ample parking. This is a rare opportunity to secure a prominent retail space in a thriving Petaluma commercial center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,486,418
    6.5%
    $5,064,386
    7%
    $4,702,644
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,290,636
    Geo Method
    $9,561,615
  • Alternative Use

    Use
    Valuation
    Residential
    $4,271,999
    Hospitality
    $3,913,128
    Educational
    $3,255,677
    Medical
    $3,367,644
    Retail
    $5,064,386

Location Insight

City
Petaluma
County
Sonoma
State
California
Latitude
38.245
Longitude
-122.631
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
$16,069
$102,746
$1,375,370
$1,478,116
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