440 Washington StPetaluma, CA 94952

  • Retail properties
  • 7,105 SF
For Lease

Property Details for 440 Washington St

Year built
2012
Construction
WOOD
Lot size
0.45 AC
Property size (Sq ft)
7,105 SF
Zone code
CH
Property type
Retail properties
Property subtype
Retail space
APN
007-132-032-000
APU
7132032000

Description

This prime retail property at 440 East Washington Street in Petaluma, CA 94952, offers exceptional visibility and accessibility. Located on a major thoroughfare connecting Highway 101 and downtown Petaluma, this multi-tenant building boasts strong co-tenancy with Starbucks and ample shared parking. The property features two available suites: Suite B, a 743 square foot space (formerly a cell phone store), and Suite C, a 3,450 square foot space (formerly a mattress store). These suites can be combined to create a contiguous space of 4,193 square feet, offering significant flexibility for various retail businesses. The property benefits from its proximity to other established businesses, including Wendy's, Taco Bell, El Roy Mexican Grill, and Big O Tires. The location is also just one block from Petaluma's SMART Train station, providing convenient access for commuters and customers. This is an exceptional opportunity to establish a retail presence in a thriving Petaluma location with high foot traffic and excellent visibility. Minimum divisible space is 743 square feet, with a maximum contiguous space of 4,193 square feet. The total vacant space available is 4,193 square feet. The property is situated at the intersection of East Washington Street and Wilson Street.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,865,408
    6.5%
    $2,644,992
    7%
    $2,456,064
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,285,428
    Geo Method
    $4,993,772
  • Alternative Use

    Use
    Valuation
    Residential
    $2,231,149
    Hospitality
    $2,043,721
    Educational
    $1,700,352
    Medical
    $1,758,829
    Retail
    $2,644,992
440 Washington St, Petaluma, California

Location Insight

City
Petaluma
County
Sonoma
State
California
Latitude
38.2386
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
$26,161
$669,888
$1,750,555
$2,420,443
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