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Shopping Auto Center

K&B Motorsports

3380 Petaluma Blvd N, Petaluma, CA 94952

Listing Price: $3,120,000

Cap Rate
7.69%
Gross SF
13,350
Rentable SF
13,350
Price/Gross SF
$233.71
Lot Size
1.65 acres
Year Built
1949

Investment Overview

K&B Motorsports is a motorcycle and 4x4 dealership that offers vehicle and parts sales, as well as service and repairs. The offering consists of the real property only. The dealer owned inventory and the dealership business itself may be purchased separately. The property is zoned General Commercial and is located in unincorporated Petaluma and falls under jurisdiction of the County of Sonoma. The site comprises two parcels that total slightly more than 1.65 acres. Improvements on the property include a +/- 10,640 SF building that consists of a showroom, retail sales area, service and repair center, parts storage, three offices, and restrooms. Additionally, there is a one-bedroom, one-bathroom cottage that will be delivered vacant and there are multiple storage containers that can convey to a new owner.

This is a unique opportunity to purchase a property that provides the option to continue operating a vehicle sales business, convert to a new permitted or conditional use, or hold the property as a leased investment.
There is also an opportunity to redevelop the site to maximize its potential as a General Commercial zoned property.

Seller may consider carrying financing or executing a sale-leaseback.

Investment Highlights

  • +/- 1.65 acres total across two adjacent parcels
  • Located on signalized hard corner with excellent visibility
  • Traffic count of +/- 20,000 vehicle per day
  • Ingress & egress from both Petaluma Blvd N and Corona Road
  • Grading work completed to provide flood elevation certificate

Exclusively Listed By

Shopping Auto Center

K&B Motorsports

Listing Price: $3,120,000

Cap Rate
7.69%
Gross SF
13,350
Rentable SF
13,350
Price/Gross SF
$233.71
Lot Size
1.65 acres
Year Built
1949

Investment Highlights

  • +/- 1.65 acres total across two adjacent parcels
  • Located on signalized hard corner with excellent visibility
  • Traffic count of +/- 20,000 vehicle per day
  • Ingress & egress from both Petaluma Blvd N and Corona Road
  • Grading work completed to provide flood elevation certificate

Investment Overview

K&B Motorsports is a motorcycle and 4x4 dealership that offers vehicle and parts sales, as well as service and repairs. The offering consists of the real property only. The dealer owned inventory and the dealership business itself may be purchased separately. The property is zoned General Commercial and is located in unincorporated Petaluma and falls under jurisdiction of the County of Sonoma. The site comprises two parcels that total slightly more than 1.65 acres. Improvements on the property include a +/- 10,640 SF building that consists of a showroom, retail sales area, service and repair center, parts storage, three offices, and restrooms. Additionally, there is a one-bedroom, one-bathroom cottage that will be delivered vacant and there are multiple storage containers that can convey to a new owner. This is a unique opportunity to purchase a property that provides the option to continue operating a vehicle sales business, convert to a new permitted or conditional use, or hold the property as a leased investment. There is also an opportunity to redevelop the site to maximize its potential as a General Commercial zoned property. Seller may consider carrying financing or executing a sale-leaseback.

Exclusively Listed By

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