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Fully occupied historic office investment in downtown Petaluma. The approximately 20,000-square-foot property features 22 income-producing units with a diversified mix of larger professional offices and executive micro-suites. The building is Fully occupied by tenants representing financial services, insurance, healthcare, technology, consulting, and other professional industries. Current income reflects approximately $574,003 in annual income and $381,176 in net operating income. Originally constructed in 1911 as the Lincoln Primary School and designed by noted architect Brainerd Jones, the property offers a distinctive columned facade, historic character, and an irreplaceable downtown presence. Its diversified tenancy, flexible suite configurations, staggered lease expirations, and established cash flow create a compelling stabilized investment opportunity.
Notice: This listing provided courtesy of BAREIS MLS (BAREISMLS). The information contained in this listings has not been verified by us or the MLS and should be verified by the parties interested.
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Listed by Jaime Gutierrez (#B413426)
Listing Office: Artisan Sotheby's Int'l Realty (#7BASIR3)
