138 N Main Street

Description

Perfect Owner / User Opportunity in the heart of downtown Sebastopol located at 138 N. Main Street is a two-story commercial building totaling 7,448 square feet, constructed circa 1922. The ground floor provides 4,429 square feet of retail space, including 2,811 square feet of high-ceiling open retail area, 1,358 square feet of under-mezzanine retail, and 1,275 square feet of rear-end office/support space. The upper level contains 3,019 square feet consisting of a 1,634 square foot mezzanine above the retail area and additional office space. The building is equipped with a full fire sprinkler system and central HVAC serving both levels. Four on-site parking spaces are located at the rear, with substantial public parking available in adjacent city lots and street frontage. The property occupies a 0.19 acre parcel (8,276 square feet; APN 004-243-010) zoned CD - Commercial Downtown, offering flexible use for retail, office, or mixed configurations. It fronts N. Main Street with direct exposure to approximately 28,400 average daily traffic and is situated in the core of downtown Sebastopol, proximate to established restaurants, specialty retail, and community amenities. Recent property improvements include a complete electrical upgrade in 2024, with the replacement of all outdated Zinsco subpanels, new circuit breakers, outlets, and updated conduit in the break room. A brand-new roof was also installed September 2025. The property is currently leased to a long-term tenant who has occupied the space for over 44 years and now operates on a month-to-month basis. The current monthly rent totals $12,622.30, inclusive of base rent, property tax, insurance, and maintenance chargebacks. The tenant's original lease provides for a 4percent annual increase in maintenance costs, standard reimbursements for property taxes and insurance.