450 Lakeville ST, Petaluma, CA 94952 – 324067926

Listed by Timo Rivetti • Navigate Real Estate
Bought with David L Losk • Losk Commercial Real Estate Inc.

$2,700,000

Est. payment -/mo

$2,900,000

6.9%

Est.Price: ?

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!