Bought with David L Losk • Losk Commercial Real Estate Inc.
$2,700,000
$2,900,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 03/24/2025
Key Details
Sold Price $2,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 324067926
Sold Date 03/24/25
Construction Status Exterior-Good,Interior-Fair
HOA Y/N Yes
Year Built 1981
Property Sub-Type Mixed Use
Property Description
Prime Downtown Development Opportunity at 450 - 470 Lakeville Street in Petaluma. This exceptional property (on 1.56 combined acres) is perfect for Affordable Housing or business development projects, offering unbeatable convenience with close proximity to the SMART station, freeway access, shopping, and Petaluma's vibrant downtown restaurants and nightlife. Ideal for developers looking to meet the growing demand for affordable living in a high-demand area. Whether for residential, retail, or mixed-use development, this location provides the perfect blend of accessibility and urban amenities. Enjoy the income stream from existing tenants whilst undergoing approvals for your proposed development. Don't miss this chance to invest in a thriving community hub!
Location
State CA
County Sonoma
Area Petaluma West
Building
Construction Status Exterior-Good,Interior-Fair
Others
Special Listing Condition None
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