Here's the investment opportunity you've been looking for! Location and cash flow describe this attractive 4 unit building located on Petaluma's charming west side. Blocks from downtown, this sought after location will attract long term tenants for years to come. Property includes 4 remodeled 2 bedroom, 1 bath units totaling approximately 2800+/- sf with quality engineered flooring, stainless steel appliances, quartz counters, thermal pane windows, gas ranges, heating and more. There is an onsite laundry room with commercial washers and dryers (owned) as well as a large rear yard with a covered pergola social area. Additionally, there is a detached garage with two single-car spaces with additional storage that are offered to tenants when available.
Neve Farms - a diversified agribusiness property with significant infrastructure currently operating as a wholesale nursery specializing in cut flowers. Conveniently located west of Petaluma, this multi-generational owner-occupied property is improved with (4) greenhouse structures totaling +/- 246,615 sq. ft., a +/- 2,112 sq. ft. bunching room, a +/- 1,240 sq. ft. cold storage room, a +/- 2,848 sq. ft. office/processing building, a +/- 2,592 sq. ft. Tri-Plex occupied by on-site employees, (2) water wells with excellent production and substantial power. This property is a must see for those interested in starting an indoor and/or outdoor agribusiness now.
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Petaluma is located in California. Petaluma, California has a population of 60,050. Petaluma is more family-centric than the surrounding county with 34.79% of the households containing married families with children. The county average for households married with children is 29.67%.
The median household income in Petaluma, California is $100,379. The median household income for the surrounding county is $91,607 compared to the national median of $69,021. The median age of people living in Petaluma is 42.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 29.8 inches per year, with 0 inches of snow per year.
