$829,999
FOR SALEActive531 Georgia St
Vallejo CA 94590
N/A
SF
Commercial
Type
1930
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
Excellent Retail investment opportunity in the heart of downtown Vallejo! (Retail not Industrial) This 4,269 SF retail building at 531-537 Georgia St features 3 fully leased retail/street-retail units at 100% occupancy, offering immediate, stable income with upside potential. Built in 1930 and renovated in 2023, the property has been well maintained with a newer roof (~5 years old), upgraded electrical capacity coordinated with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the 6,500 SF lot offers off-street parking in the rear plus ample on-street parking. Located just half a block from Old Town Vallejo and moments from the Vallejo Farmers Market, Empress Theatre, and the Georgia Street retail corridor — an ideal opportunity for a Retail/Street Retail investor. Current cap rate 6.72%, pro forma 6.88%. Buyer to verify all measurements, income, and expenses.
Property Information
Property Overview
Commercial
Property Type
Active
Status
DMX
Zoning
0.15 acres
Lot Size
6.72%
Cap Rate
$56K
NOI
$9,291
Annual Tax
1,930
Year Built
6
Parking Total
Property Highlights
N/A Property
Prime Location with High Visibility
6.72% Cap Rate
Location Analysis
Zoning & Use
Parking & Access
Investment Metrics
6.72%
Cap Rate
$55,758
NOI
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