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INVESTMENT HIGHLIGHTS
- Heavy Vehicle traffic daily and on weekends
- Petalumas Vibrant Downtown less than 0.5 miles by foot or car.
- Two half bathrooms for convenience, and an additional storage room
- within 1/4-1/2 mile to Train Station
- Well-equipped with four service bays, a dedicated parts room
- E Washington St frontage!
EXECUTIVE SUMMARY
This exceptional commercial property presents a prime opportunity for businesses seeking high visibility and exposure, situated on a bustling street that enjoys a remarkable daily traffic volume of over 20,000 vehicles, as determined by a 2020 study conducted by the City of Petaluma Public Works, before the pandemic. The current establishment operates as an automotive and small engine repair shop, which is well-equipped with four service bays, a dedicated parts room, two half bathrooms for convenience, and an additional storage room, ensuring ample space for operations and inventory.
The property's zoning classification, MU1A, opens up a plethora of possibilities for potential uses, making it a versatile option for investors or business owners looking to capitalize on its strategic location. Prospective buyers are encouraged to consult with the City of Petaluma's planning department to explore the full range of opportunities that this zoning permits.
Moreover, its prime location near downtown Petaluma and the local train station enhances its appeal, offering easy access for both clients and employees. This proximity to key urban amenities and transportation hubs makes it an even more attractive investment or business venture, promising high footfall and convenience. Whether looking to continue its current use or to innovate and transform it according to new visions, this property represents a rare find in a high-demand area.
The property's zoning classification, MU1A, opens up a plethora of possibilities for potential uses, making it a versatile option for investors or business owners looking to capitalize on its strategic location. Prospective buyers are encouraged to consult with the City of Petaluma's planning department to explore the full range of opportunities that this zoning permits.
Moreover, its prime location near downtown Petaluma and the local train station enhances its appeal, offering easy access for both clients and employees. This proximity to key urban amenities and transportation hubs makes it an even more attractive investment or business venture, promising high footfall and convenience. Whether looking to continue its current use or to innovate and transform it according to new visions, this property represents a rare find in a high-demand area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
2,743 SF
Building Class
C
Year Built
1971
Price
$2,212,041 CAD
Price Per SF
$806.43 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.48 AC
Zoning
City PE - MU1A contact City of Petaluma and verify other users with Planning department.
Parking
20 Spaces (7.29 Spaces per 1,000 SF Leased)
Frontage
129’ on E Washington St
AMENITIES
- Fenced Lot
- Pylon Sign
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 007-081-013 | Improvements Assessment | $267,009 CAD |
| Land Assessment | $681,575 CAD | Total Assessment | $948,584 CAD |
PROPERTY TAXES
Parcel Number
007-081-013
Land Assessment
$681,575 CAD
Improvements Assessment
$267,009 CAD
Total Assessment
$948,584 CAD
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527 E Washington St
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