531 E Washington St, Petaluma, CA 94952

$685,000

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Sold Price
$685,000
List Price
$775,000

Property Description

Motivated Seller needs to close escrow on or before January 2, 2026 to complete a 1031 Exchange. Submit your offer. Live here, work here, or both. Invest in this prime Midtown Petaluma location with MU1A zoning 2 blocks (less than .3 miles) from SMART Train Station allows a wide range of permitted uses and a myriad of opportunities if you want to run your business. Some small business possibilities include Office, Retail, Artisan, Fitness/Health Facility, Grocery, Art/Music Studio, Coffee Shop, Lodging, School/Education, Medical, Child Care, Adult Care, and more. *Uses are subject to city planning and building department approvals. *Buyer to investigate* Main building is a beautifully restored Queen Anne cottage set up as professional office space but can be transformed back to a single-family residence, plus a detached residential studio ADU in back. Each unit has its own PG&E meter, and both were upgraded with new electrical panels in 2025. Other features include central HVAC, upgraded dual-pane windows, newer sewer lateral, off-street parking, beautiful landscaping, and more.

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Listing courtesy of Tony Lander from Century 21 Epic

Sold listing courtesy of Jonathan R Lucchesi from Century 21 Epic

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