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Professional Ofc/Med. Ofc Bldg-Owner/User 191 Lynch Creek Way 11,292 SF 10% Leased Office Building Petaluma, CA 94954 $2,095,000 ($185.53/SF)
EXECUTIVE SUMMARY
191 Lynch Creek Way is an approximate 11,292 square foot, two story (elevator served) professional office/medical building. Built in 1990 and most recently upgraded within the last three years. Notable improvements include a new roof that was installed in 2019. Four new HVAC units were installed in 2020 and the remaining units were upgraded with new components and remounted when the roof was replaced. Flooring throughout was replaced in 2018 (mostly wood laminate in offices). New ADA compliant exterior doors and key coded restroom locks in 2022. Elevator was completely modernized at the cost of over $200,000 in 2024 with all major componentry replaced.
The building is configurated with three suites on the second floor and four suites on the first floor coupled with separate Men’s and Women’s restroom cores on each floor.
Opportunity for an owner/user to occupy up to 90% of the building for their own business, or occupy entire first floor and offset expenses by leasing the vacancy on second floor.
Motivated Sellers Will Review All Reasonable Offers Quickly.
The building is configurated with three suites on the second floor and four suites on the first floor coupled with separate Men’s and Women’s restroom cores on each floor.
Opportunity for an owner/user to occupy up to 90% of the building for their own business, or occupy entire first floor and offset expenses by leasing the vacancy on second floor.
Motivated Sellers Will Review All Reasonable Offers Quickly.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,292 SF
Building Class
B
Year Built
1990
Price
$2,095,000
Price Per SF
$185.53
Percent Leased
10%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,646 SF
Slab To Slab
10’
Building FAR
0.43
Lot Size
0.60 AC
Zoning
BP - Medical Permitted
Parking
29 Spaces (2.57 Spaces per 1,000 SF Leased)
AMENITIES
- Central Heating
- Natural Light
- Air Conditioning
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 007-380-029 | Improvements Assessment | $1,308,501 |
| Land Assessment | $568,913 | Total Assessment | $1,877,414 |
PROPERTY TAXES
Parcel Number
007-380-029
Land Assessment
$568,913
Improvements Assessment
$1,308,501
Total Assessment
$1,877,414
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Professional Ofc/Med. Ofc Bldg-Owner/User | 191 Lynch Creek Way
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