450 Lakeville Street

Petaluma, CA 94952

$2,900,000
Price
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Beds
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Welcome to 450 - 470 Lakeville - 4 commercial units + Vacant Lot on 1.56 combined acres that brings in over $230,000/year. Great cash flow till plans are approved for your development opportunity
Plot map of 450 Lakeville on 27, 878 Square Ft
Plot map for 470 Lakeville on 40,181 Square Ft

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...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!
  1. Listed by Timo Rivetti • DRE #01240796 • Brokerage DRE #02221115 • NavigateRE

Property Details for 450 Lakeville Street

Cross Street
Wilson Street
Total Parking Spaces
0
LISTING UPDATED: 11/07/2024 11:20 AM

Property Details for 450 Lakeville Street

StatusActive
MLS #324067926
Days on Compass110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1981
Lot Size0.64 AC / 27,878 SF
CountySonoma County

Building Information for 450 Lakeville Street

Stories-Residences-Year Built1981Lot Size0.64 AC / 27,878 SF

Property Information for 450 Lakeville Street

Summary
Location and General Information
  • Area/District: Petaluma West
  • Area Short Display: B1000
  • Area Long Display: Petaluma West
Taxes and HOA Information
  • APN: 007-171-021-000
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 0.0
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 27878.0
  • Property Condition: Exterior-Good,Interior-Fair
Property and Assessments
  • Current Use: Mixed Use
  • Picture Count: 11
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Interior and Exterior Features
Exterior Features
  • Stories: 0
  • # of Floors: 0

Property History for 450 Lakeville Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 450 Lakeville Street

Taxable ValueLand$205,151Additions$647,785Total$852,936
Tax Record2024$9,373 ($781 / month)
Home Facts
Total Finished SqFt12,900 SqFtAbove Grade Finished SqFt12,900 SqFtStories1Lot Size27,878 SqFtStyleWarehouseYear Built1981CountySONOMAAPN007-171-021-000

Schools near 450 Lakeville Street

This home is within Petaluma City Elementary School District.
Rating
School
Type
Grades
Distance
McKinley Elementary School
Public - K to 6
Petaluma Junior High School
Public - 7 to 8
Petaluma High School
Public - 9 to 12
RISE Academy
Public - 7 to 8
Rating
School
Distance
McKinley Elementary School
PublicK to 6

Petaluma Junior High School
Public7 to 8

Petaluma High School
Public9 to 12

RISE Academy
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 450 Lakeville Street, Petaluma, CA 94952

450 Lakeville Street is a mixed use property for sale in Petaluma, CA 94952. This property was listed for sale on September 11, 2024 by NavigateRE, it's currently listed at $2,900,000. This listing's school districts are Petaluma City Elementary School District, Petaluma Joint Union High School District. Nearby schools include McKinley Elementary School, Petaluma Junior High School and Petaluma High School. 450 Lakeville Street is a 0-bed, 0-bath, mixed use property built in 1981.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NavigateRE, Timo Rivetti, DRE #01240796

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.