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3480 Petaluma Blvd N - K&B Motorsports 7,775 SF Specialty Building Offered at $4,355,271 CAD in Petaluma, CA 94952
INVESTMENT HIGHLIGHTS
- 12,500 SF main building + 850 SF one-bedroom cottage on 1.65 acre site
- Traffic count of +/- 20,000 vehicle per day
- Grading work completed to provide flood elevation certificate
- Located adjacent to signalized hard corner with excellent visibility
- Ingress & egress from both Petaluma Blvd N and Corona Road
- Seller financing available
EXECUTIVE SUMMARY
OWNER-USER, INVESTMENT, OR REDEVELOPMENT OPPORTUNITY
ZONED FOR VEHICLE SALES, STORAGE, WAREHOUSE USES AND MUCH MORE
Exclusively listed by John Garrett | (415) 652-8431 | john.garrett@marcusmillichap.com
K&B Motorsports is a motorcycle and 4x4 dealership that offers vehicle and parts sales, as well as service and repairs. The offering consists of the real property only. The dealer owned inventory and the dealership business itself, may be purchased separately. The property is zoned General Commercial and is located in unincorporated Petaluma and falls under jurisdiction of the County of Sonoma. The site comprises two parcels that total slightly more than 1.65 acres. Improvements on the property include a +/- 12,500 SF building that consists of a showroom, retail sales area, service and repair center, parts storage, three offices, and restrooms. Additionally, there is a +/- 850 SF one-bedroom,
one-bathroom cottage that will be delivered vacant and there are multiple storage containers that can convey to a new owner.
This is a unique opportunity to purchase a property that provides the option to continue operating a vehicle sales business, convert to a new permitted or conditional use, or hold the property as a leased investment. There is also an opportunity to redevelop the site to maximize its potential as a General Commercial zoned property.
Seller will consider carrying financing or executing a NNN sale-leaseback.
ZONED FOR VEHICLE SALES, STORAGE, WAREHOUSE USES AND MUCH MORE
Exclusively listed by John Garrett | (415) 652-8431 | john.garrett@marcusmillichap.com
K&B Motorsports is a motorcycle and 4x4 dealership that offers vehicle and parts sales, as well as service and repairs. The offering consists of the real property only. The dealer owned inventory and the dealership business itself, may be purchased separately. The property is zoned General Commercial and is located in unincorporated Petaluma and falls under jurisdiction of the County of Sonoma. The site comprises two parcels that total slightly more than 1.65 acres. Improvements on the property include a +/- 12,500 SF building that consists of a showroom, retail sales area, service and repair center, parts storage, three offices, and restrooms. Additionally, there is a +/- 850 SF one-bedroom,
one-bathroom cottage that will be delivered vacant and there are multiple storage containers that can convey to a new owner.
This is a unique opportunity to purchase a property that provides the option to continue operating a vehicle sales business, convert to a new permitted or conditional use, or hold the property as a leased investment. There is also an opportunity to redevelop the site to maximize its potential as a General Commercial zoned property.
Seller will consider carrying financing or executing a NNN sale-leaseback.
PROPERTY FACTS
| Price | $4,355,271 CAD | Lot Size | 1.66 AC |
| Price Per SF | $326.24 CAD | Building Size | 13,350 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1949/2013 |
| Property Subtype | Self-Storage | Parking Ratio | 0.6/1,000 SF |
| Building Class | C | ||
| Zoning | C3B8FRZN - C3 provides for wholesale and heavy commercial uses and services necessary within the county which are not suited to other commercial districts. | ||
| Price | $4,355,271 CAD |
| Price Per SF | $326.24 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 1.66 AC |
| Building Size | 13,350 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2013 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | C3B8FRZN - C3 provides for wholesale and heavy commercial uses and services necessary within the county which are not suited to other commercial districts. |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,489,172 CAD | |
| Land Assessment | $481,345 CAD | Total Assessment | $1,970,517 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$481,345 CAD
Improvements Assessment
$1,489,172 CAD
Total Assessment
$1,970,517 CAD
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3480 Petaluma Blvd N - K&B Motorsports
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