Retail Business for Sale in Petaluma, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Petaluma, CA 94952
  • Size: 14,800 SF

Description

Historic, 3-Story ±14,800 SF iron front building located in the heart of Downtown Petaluma. Please inquire with broker for more details.

Market Context

This retail in Petaluma, CA is listed for sale across 14,800 SF. It has been on the market for 119 days. Compare it against other retail listings for sale in Petaluma, CA — <a href="/search/sale/retail/california/petaluma">view the full market</a>.

As of Q3 2021, the San Francisco North Bay retail market showed a 5.4% vacancy rate, average asking rents near $32.35/SF/yr, and cap rates around 5.8%. Source: Www.lee-Associates.com Q3 2021 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Francisco North Bay?
About 5.8% as of Q3 2021, per Www.lee-Associates.com.
Is the San Francisco North Bay retail market tightening or softening?
Vacancy is around 5.4% (Q3 2021).

Unified Estimate

Medium Confidence

$23.87/SF – $32.29/SF

Mid: $28.08/SF

Total estimate for 14,800 SF: $415,584

Rate-first confidence-weighted blend with cost-of-business adjustment.

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