REDEVELOPMENT POTENTIAL Sales Price $579,000 A rare opportunity to own a premier downtown Sebastopol property with incredible redevelopment possibilities! As the city embraces revitalization in the downtown corridor, City Planning is eager to review multifamily residential projects that will help shape the future of the area. With new hotel developments and high-density residential projects on the horizon, Sebastopol’s downtown is poised for transformation. This existing single-story building offers the potential to expand to 2-3 stories, creating a valuable opportunity to contribute to the city’s growing demand for residential housing. Whether you're looking to develop or secure the property as an owner-user, this commercial space is vacant and ready for immediate possession. Don’t miss your chance to be part of Sebastopol’s exciting evolution! The existing building, constructed in the mid-1960s, features Mid-Century Modern architectural design. Its property line walls are composed of 8-inch reinforced masonry units, capable of supporting a second-story addition. The roof structure consists of premanufactured wood and steel trusses, spanning the entire width of the building. 1,587 SqFt Premium Location 6 Permitted parking spots High Foot Traffic Parking & Development Guidelines While the property does not have on-site parking, it includes six (6) assigned "at-large" parking spaces, allowing for flexible redevelopment options: 1 space per 500 SF of commercial use 1 space per studio residential unit 1.5 spaces per one-bedroom residential unit 2 spaces per two-bedroom residential unit City Approval & Redevelopment Potential The proposed addition and remodel have received preliminary approval from the City of Sebastopol Planning and Building Departments. If the remodel includes at least 400 SF of commercial space, with the remaining square footage designated for residential use, the project qualifies as a "preapproved use," requiring only design review approval before submitting for building permits. If the entire building is converted to 100% residential use, a planning commission approval is required for a "change of use." However, the City of Sebastopol has indicated support for such approval. Included Materials & Support Preliminary plans for converting the building into three residential units and one retail space with initial approval from the city. Preliminary structural plans for cost estimation. A consultant is available to guide the construction plans through the permitting process. This property presents an exciting opportunity for redevelopment in Sebastopol’s evolving downtown corridor! Property Highlights: Prime Redevelopment Opportunity 1,587± sq. ft. commercial space Built in 1969 Durable concrete block structure reinforced with steel girders Six (6) permitted parking spaces Versatile Retail use Zoning: CITYSE