153 Kentucky St
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153 Kentucky St
4,656 SF Retail Building Petaluma, CA 94952 $1,199,000 ($258/SF) 5.20% Cap Rate
Investment Highlights
- Opportunity to Own a Prime Downtown Petaluma Property
- Building is partially sprinklered
- Zoned MU2 (Mixed-Use 2), the property is versatile and allows for a variety of uses
Executive Summary
Discover a rare opportunity to own a piece of Petaluma’s historic downtown! This unique property, located in the heart of the vibrant downtown area, offers a fantastic investment or owner/user opportunity. Zoned MU2 (Mixed-Use 2), the property is versatile and allows for a variety of uses. Currently tenant-occupied, with less than one year remaining in the current term, this property provides immediate rental income. With its central location, rich history, and flexible zoning, the possibilities for this property are many. Be sure to check with the City of Petaluma about the variety of uses that might be possible.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,656 SF
Building Class
C
Year Built
1910
Price
$1,199,000
Price Per SF
$258
Cap Rate
5.20%
NOI
$62,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.35
Land Acres
0.30 AC
Zoning
CITYPE - City of Petaluma MU2 (Mixed-Use 2)
Frontage
28 FT on Kentucky St
Walk Score ®
Walker's Paradise (97)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $981,432 | |
| Land Assessment | $530,011 | Total Assessment | $1,511,443 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$530,011
Improvements Assessment
$981,432
Total Assessment
$1,511,443
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153 Kentucky St
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