201 1st St

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201 1st St

petaluma, CA 94952
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

201 1st Street is located in the heart of historic downtown Petaluma, California. Situated at the corner of 1st and C Streets, the property is positioned near the Petaluma River and within walking distance of the Theater District. The surrounding neighborhood features a mix of historic architecture, local dining, retail boutiques, and professional services. Access to the site is provided via Highway 101, located approximately one mile away, and the property is served by local bus transit and the nearby SMART rail station, offering regional connectivity to Sonoma and Marin Counties. The building is suited for professional office use, including creative agencies, legal practices, or tech startups seeking a central North Bay location. The layout and environment cater to businesses that prioritize walkability and proximity to urban amenities for employees. Typical tenants for this asset class include small to mid-sized firms that value a flagship presence in a transition area between traditional commercial zones and Petaluma’s vibrant waterfront. The location offers a professional setting integrated into a well-established pedestrian-oriented district.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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