Interior of a storefront at 127 Kentucky Street, Petaluma

Petaluma · Sonoma County · Marin

Commercial real estate in Petaluma.

Storefronts, restaurants and opportunities for your business. Guidance in English and Spanish.

Commercial experience

Local businesses. Petaluma experience.

Storefront entrance at 127 Kentucky Street

Retail property · Petaluma

127 Kentucky Street

Buyer represented

Buyer representation in the purchase of a four-storefront property in downtown Petaluma, spanning 123-131 Kentucky Street. The building includes the Round Table Pizza location at 131 Kentucky.

Sale price
$1,950,000
Closed
February 2024
Building area
8,416 sq ft
Storefronts
4

2024 listing photography. Retail spaces at 127 Kentucky Street.

Mi Pueblo El Centro, 108 Kentucky Street, Petaluma
Mi Pueblo El Centro · 108 Kentucky Street

Restaurant · Petaluma

Mi Pueblo El Centro

108 Kentucky Street

Luis’s commercial experience includes the Mi Pueblo El Centro transaction on Kentucky Street. This downtown restaurant occupies a street-level storefront in Petaluma’s historic shopping and dining district.

Restaurant · Petaluma

Mi Pueblo, Petaluma Boulevard North

800 Petaluma Boulevard North

Luis also handled the Mi Pueblo transaction on Petaluma Boulevard North. The restaurant’s second Petaluma location combines an indoor dining room with outdoor seating along this established commercial corridor.

The same care as a home, with a different set of questions.

Luis works with commercial buyers and sellers alongside his residential practice at CENTURY 21 Epic. His experience includes downtown retail property and local restaurant transactions. Buying the building, buying a business and taking over a lease are different transactions; the first step is to establish what is included.

Since 2012 he has advised small-business owners at the Marin SBDC on planning and financial projections. A commercial purchase starts the same way: with the lease, the income and the expenses, before anyone talks about price.

What Luis looks at first.

The lease and the tenants

Term, rent, who pays taxes, insurance and maintenance, and what happens at renewal. For an owner who will occupy the space, whether it fits the business as it runs today.

Zoning and use

What the city allows at that address, what permits the business holds, and what a change of use would require.

Income, expenses and financing

Rent rolls, operating costs and the loan terms a lender offers for that property type. Commercial loans differ from home loans in down payment, term and documentation.

Questions before you look at a commercial property.

Can Luis help with both the business and the building?

Luis can help identify what is being offered: the business, the property, or both. If the transaction includes taking over a lease, its terms and required approvals matter. Legal, accounting and financing questions may also call for the appropriate specialists.

How is a commercial purchase financed?

Terms depend on the property, its intended use and the loan program. A commercial lender reviews the down payment, loan term, property income and your financial position. Speak with a lender early to understand the documents and resources you will need.

Is a commercial listing different from a home listing?

The buyers are different, and so is the information they need. A commercial listing leads with the lease, the income and the permitted uses, and often goes to the commercial listing services as well as the MLS. Luis prepares that package before the property goes to market.

Marin County, California

Let’s talk

Talk about a commercial property.

Tell Luis about the building or the business, and where you are in the process.