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$829,999

FOR SALEActive

531 Georgia St

Vallejo CA 94590

N/A

SF

Commercial

Type

1930

Built

N/A

Cost/SF

59 days on marketNalren refreshed

Listing Agent

Brian Baniqued

Listing Agent

DRE #: 01104388

(510) 222-0900

Brokerage: BCRE

Land Details

Lot Size0.15 acres
ZoningDMX
Parcel Number0056196050

Location Analysis

MapProperty Location

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

Map

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