Historic + Opportunity! Remodeled Vintage Cottage + Victorian 2-unit Rental on .27 Acre Parcel, Flexible Zoning

Historic + Opportunity! Remodeled Vintage Cottage + Victorian 2-unit Rental on .27 Acre Parcel, Flexible Zoning

What is your Petaluma Dream? A charming cottage with a large garden? A specialty business or restaurant with room to expand? A family or creative compound?

This unique 3 unit property offers opportunity for enjoyment now, and even bigger dreams for the future. The charming 2/1 cottage features wood paneled walls and ceilings, hardwood floors, and a cozy gas fireplace in the living room. Newly remodeled kitchen and bath with custom tile, quartz counters, and soothing colors of sky and trees continue the vibe. Smart upgrades include car charger, new fridge, Full sized HE W/D, and energy efficient wireless wall heaters in each bedroom. Behind the new redwood gate, find a large, private fenced yard, surrounded by heritage oaks and other vintage homes. Ready to occupy as a residence, vacation home, or rental.

The Victorian building in front is 2 distinct units, upstairs and downstairs, generating $4850/month total rental income. The building retains many historic details and materials including wood staircase, wood floors (under carpet), french double door entry, high ceilings, and much original millwork. The upstairs unit captures views to the east of the Sonoma mountains and oak trees to the west, with lovely coved ceilings in the living room and bedroom.

Between the 2 buildings, find a 600sf garage/storage building, and plenty of room for off street parking. Current residential use allows for conventional financing, while MU2 mixed-use zoning provides flexibility for future uses including retail, restaurant, maker space, or development of additional residential units (buyer to verify). The quickly evolving PBS corridor is home to popular shops and restaurants including Table Culture Provisions, Metro Hotel, Mystic Theater, and the upcoming EKN Hotel Project. Just blocks from historic downtown, Petaluma's riverfront businesses, and multiple parks, this location lends itself to a walkable, bikeable lifestyle in the heart of Petaluma's historic west side.

A special opportunity to live, work, or pursue your big new venture to become part of Petaluma's next creative wave.