132 Keller St - Restaurant FOR SALE


Petaluma, CA 94952- Downtown Petaluma
$2,400,000 USD
415-945-9701
132 Keller St, Petaluma, CA for Sale
$2,400,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

132 Keller St
Petaluma, CA 94952
Downtown Petaluma


HIGHLIGHTS

  • Located in downtown Petaluma’s thriving district, this property benefits from high foot traffic and strong synergy with neighboring restaurants, bars.
  • Included in the sale is a Type 47 full liquor license, offering a turnkey opportunity in a vibrant, historic setting.
  • The building has undergone recent renovations, ensuring modern functionality while maintaining its charm.

OVERVIEW

Downtown Petaluma Real Estate for Sale with Restaurant & Bar Infrastructure - Type 47 Liquor License in Place RRC# 4967 Location: 132 Keller Street, Petaluma Description: An outstanding opportunity to acquire prime real estate in the heart of downtown Petaluma, complete with restaurant and bar infrastructure. This sought-after location is a well-established dining and entertainment destination, making it ideal for a new concept to thrive. Included in the sale is a Type 47 full liquor license, offering a turnkey opportunity in a vibrant, historic setting. The building has undergone recent renovations, ensuring modern functionality while maintaining its charm. Within the past three years, upgrades include a new roof, HVAC system, plumbing, fire suppression system with an Ansul hood, and new floor drains. The kitchen is fully equipped with a Type 1 hood and high-quality equipment in excellent condition. The space spans 5,481 square feet with an occupancy of 139 inside, plus an outdoor patio that accommodates an additional 38 guests. Located in downtown Petaluma’s thriving district, this property benefits from high foot traffic and strong synergy with neighboring restaurants, bars, boutique shops, and cultural attractions. Petaluma has become a premier North Bay dining destination, drawing locals and visitors from San Francisco, Sonoma, and Marin County. Parking is readily available with both on-street spaces and a nearby parking garage, ensuring convenience for guests. With its prime location, well-maintained infrastructure, and growing demand for unique dining experiences, this space is ideal for a full-service restaurant and bar, a modern gastropub, or a chef-driven concept looking to establish a presence in one of the North Bay’s most desirable markets. Whether you’re an experienced restaurateur or an entrepreneur ready to make your mark, this rare opportunity offers the perfect foundation for success. Financial Information: Monthly Revenue: $146,090 in 2023 and $98,652 in 2024 Monthly Cash Flow: Contact for Info Annual Revenue: $1,753,080 in 2023 and $,1183,824 in 2024 Annual Cash Flow: Contact for Info General Info: Ownership: LLC Established: 2019 Employees:Contact for Info Reason For Sale: Other Interests Monthly Rent: Real Estate Included Facilities: Square Feet: 5,481 Seating: 139 Indoor and 38 Outdoor Parking: Street Parking and Public Parking Lot Licenses: ABC Type 47, Business and Health Permit Days/Hours of Operation: 4pm - 10pm Sunday - Thursday, 4pm - 1am Friday, Saturday

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$438 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

MU2

APN/PARCEL ID

006-363-026

ASK ABOUT THIS PROPERTY

Steve ZimmermanRestaurant RealtyMore Info
415-945-9701

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Steve ZimmermanRestaurant RealtyMore Info
415-945-9701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.