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409 S Petaluma Blvd
Petaluma, CA 94952
Retail Property For Sale
Investment Highlights
- 18,918 SF Multi-Tenant Building
- Corner Location
- Newly Sprinklered
- Potential for Redevelopment
- Excellent Visibility
- Owner/User Opportunity with Flexible Leases in Place. Occupy a Portion and Lease Out the Rest.
Executive Summary
After more than 60 years of family ownership and a long history as the home of Homeowners Lumber Co., 409 Petaluma Blvd S represents a rare Westside Petaluma legacy asset. The property offers a compelling combination of visibility and flexibility, set on a .95 acre lot with prominent Petaluma Boulevard frontage. The recently sprinklered building offers significant flexibility for an owner-user, including the opportunity to combine Suites A, B and E into an approximately 11,800 SF contiguous showroom/warehouse. For investors, below-market rents provide additional upside through lease-up, rent growth and targeted improvements. A rare opportunity to reposition a well-located Westside asset while building on its longstanding place in the Petaluma community.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
18,918 SF
Building Class
C
Year Built
1922
Price
$4,030,710 CAD
Price Per SF
$213.06 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.95 AC
Zoning
T5
Property Taxes
| Parcel Number | 008-127-010 | Improvements Assessment | $259,334 CAD |
| Land Assessment | $164,552 CAD | Total Assessment | $423,886 CAD |
Property Taxes
Parcel Number
008-127-010
Land Assessment
$164,552 CAD
Improvements Assessment
$259,334 CAD
Total Assessment
$423,886 CAD
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