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1721 Lakeville Hwy

4,900 SF Industrial Building Petaluma, CA 94952 $8,000,000 ($1,633/SF)

Investment Highlights

  • Rare Northern California Petaluma development opportunity
  • Hard corner location on the primary thoroughfare connecting Petaluma with Marin County to the south
  • Best-in-class location with access to US 101 and downtown Petaluma, Sonoma, Marin, and East Bay
  • 1 mile to downtown Petaluma

Executive Summary

CUSHMAN & WAKEFIELD is pleased to present the opportunity to acquire a rare development site in Petaluma. Strategically located on the northeast corner of the intersection of US 101 and US 116, Lakeville Highway.
The site enjoys residential immediately adjacent to the north and commercial and office across Lakeville Highway to the south. 1 mile to Petaluma’s downtown SMART Train station. The property has city services to the site. City of
Petaluma’s C2 Zoning allows a variety of development potential.
Zoning C2, 3.07 Acres (133,729 SF), APN 005-060-036, 4,900 SF industrial building, Rare Northern California Petaluma development opportunity,
Best-in-class location with access to US 101 and downtown Petaluma, Sonoma, Marin, and East Bay, Hard corner location on the primary thoroughfare connecting Petaluma with Marin County to the south, 1 mile to downtown Petaluma

Property Facts

Price $8,000,000
Price Per SF $1,633
Sale Type Investment
Sale Conditions Redevelopment Project
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.07 AC
Rentable Building Area 4,900 SF
No. Stories 1
Year Built 1961
Tenancy Single
No. Drive In / Grade-Level Doors 2

Amenities

  • Bus Line
  • Fenced Lot

Utilities

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
005-060-036
Land Assessment
$1,269,082
Improvements Assessment
$292,854
Total Assessment
$1,561,936

zoning

Zoning Code C2 (Commercial)
C2 (Commercial)
  • Listing ID: 26854663

  • Date on Market: 10/14/2022

  • Last Updated:

  • Address: 1721 Lakeville Hwy, Petaluma, CA 94952

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