409 Petaluma Blvd S, Petaluma, CA 94952

$2,900,000

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List Price
$2,900,000
Status
ACTIVE
Days on Market
24
MLS#
326053284
Subtype
Commercial Sale
Year Built
1922
Lot Size
41,382
Acres
0.95
Neighborhood
Petaluma West
MLS Area Major
Petaluma West

Property Description

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.

Additional Information

Zoning
T-5 (Central Specific Plan)

Listing courtesy of Pearson Fillinger Group from Hedge Realty

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