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Listed by Michael Murphree • Compass
$ 850,000
Est. payment | /mo
7,906 SqFt
$ 850,000
Est. payment | /mo
7,906 SqFt
Key Details
Property Type Vacant Land
Sub Type Commercial Lot
Listing Status Active
Purchase Type For Sale
Square Footage 7,906 sqft
Price per Sqft $107
MLS Listing ID 324048627
HOA Y/N No
Lot Size 7,906 Sqft
Acres 0.1815
Property Description
Discover an unparalleled investment opportunity in Petaluma's thriving real estate market! This commercial parcel, opposite the Smart Train on Lakeville Street, is ready for development with approved plans. A visionary two-story residential building awaits, featuring four attached units designed for modern living, each spanning approximately 1,700 to 1,827 square feet. With nine off-street parking spaces, convenience meets luxury effortlessly. This development offers strong income potential, positioned for success in Petaluma's vibrant scene. Enjoy easy access to the Theater District, Whole Foods, Starbucks, Arts Center, and Steamer Landing Park. Historic Downtown Petaluma provides a charming backdrop. Benefit from dual access on Lakeville and Erwin Streets, enhancing connectivity. Don't miss out on this opportunity to transform vision into reality in Petaluma's growing real estate market. Contact us today to seize this shovel-ready gem!
Location
State CA
County Sonoma
Area Petaluma West
Zoning Commercial,Multi-Residential,Other
Exterior
Fence Wood
Utilities Available Public
Building
Lot Description Curb(s), Fire Hydrant(s), Gutter(s), Sidewalk(s), Storm Drain(s), Street Light(s), See Remarks
Sewer Public Sewer
Water Public
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