Redwood Marketplace offers a rare opportunity to lease a ±26,278 SF former Longs/CVS big-box building located at 788 Gravenstein Highway North in Sebastopol’s primary retail corridor. The property is part of a well-established neighborhood shopping center anchored by Lucky Supermarket, O’Reilly Auto Parts, and Starbucks, providing consistent daily traffic and strong co-tenancy.
The building sits on a ±0.69-acre parcel with excellent visibility, monument signage, and approximately 225 surface parking spaces, well above typical ratios for large-format retail, medical, or institutional users. The site includes one existing loading dock, rear service corridor, and efficient circulation suitable for a variety of commercial layouts.
The property is currently offered as a single ±26,278 SF space but also features a conceptual demising plan allowing the building to be divided into two large tenant spaces of approximately ±16,200 SF and ±10,100 SF, providing flexibility for multiple tenancy strategies or phased leasing. Demising would allow for independent tenant areas while retaining shared access to parking and loading infrastructure.
Zoned CG (Commercial General), the property supports a broad range of uses including large-format specialty or lifestyle retail, furniture and design showroom concepts, wellness or medical users (non-pharmacy), experiential or entertainment retail, education or institutional uses, and office-showroom or call-center hybrids.
Positioned along Gravenstein Highway (Highway 116), the property benefits from strong regional connectivity between Sebastopol, Santa Rosa, and West County, as well as increasing residential density driven by multiple nearby approved and planned developments. Surrounding demographics reflect above-average household income and net worth, supporting both destination-oriented and service-driven tenancy.
This offering represents one of the few remaining large-block lease opportunities in Sebastopol with scale, parking, zoning flexibility, and optional demising potential in a supply-constrained market.
Kevin Flaherty
Keegan & Coppin Inc.
