Sonoma County · CA

Commercial Real Estate in Sebastopol

Sebastopol is west Sonoma County's commercial center, built around the Highway 116 and Highway 12 junction and a distinctive independent-business core.

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Sebastopol's commercial character is unusual for its size: a downtown weighted heavily toward independent retail, food, and wellness businesses, with service commercial and light industrial along Gravenstein Highway (Highway 116) running south from town.

The Gravenstein Highway corridor carries the bulk of the city's larger-format commercial space and its through traffic, making it the practical location for retail and service uses that need visibility and parking rather than downtown foot traffic.

Key Sebastopol commercial corridors: Downtown Sebastopol · Gravenstein Highway South (Hwy 116) · Gravenstein Highway North · Highway 12 / Bodega Avenue

Market Intelligence

Multifamily Market Indicators

Sonoma County · Santa Rosa — CA USA · Q2 2026 (April 1 – June 30, 2026) · Source: CoStar, as of 2026-07-17

Average Asking Rent / Unit

$2,273

Sonoma County multifamily

Vacancy Rate

6.0%

25,248 units of inventory

Market Sale Price / Unit

$313K

Market cap rate 5.5%

Q2 Sales Volume

$19,394,076

8 properties · 127 units

Q2 Price / Unit

$152,709

Volume ÷ units sold

Q2 Average Cap Rate

5.5%

Mean of 5 disclosed

Figures cover multifamily properties of five units or more across the Sonoma County market area — they are not a guide to industrial, office, or retail fundamentals, and not city-level. For asset-specific Sebastopol comparables call 707-591-0570 or request a market briefing. All figures should be independently verified before use in a transaction.

Recently Sold in Sebastopol

Closed Sebastopol sale transactions will appear here as they are recorded. Ask us for recent comparables in the meantime.

Recently Leased in Sebastopol

Completed Sebastopol lease transactions will appear here as they are recorded.

Common Questions

Sebastopol Commercial Real Estate FAQ

Where is commercial space concentrated in Sebastopol?

Two areas: the walkable downtown core, which skews to independent retail and food uses, and the Gravenstein Highway (Highway 116) corridor south of town, which carries larger-format retail, service commercial, and light industrial with highway visibility and parking.

What kind of retail works in Sebastopol?

The market strongly favors independent and locally-owned concepts over national chains, and its customer base supports food, wellness, and specialty retail. Space on the Gravenstein Highway corridor suits uses that need visibility and parking; downtown suits foot-traffic-driven concepts.