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Two-Story Lounge and Beauty Salon
For Sale
$1,150,000

2015 Springs Rd, Vallejo, CA 94591

MULTI_FAMILY - Vallejo, CA

Property Size3,110 SF
Lot Size0.08 Acres
Price / SF$369.77
Days on Market50

Property Features for 2015 Springs Rd

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1
Interior features Updated Baths, Updated Kitchen
Exterior features Entry Gate
Fencing Gate
Appliances Dishwasher, Disposal
Lot features Level
Directions Columbus Parkway to Springs Road..
Subdivision Listing
Standard status Active
APN 0071051420
Size 3,110 SF
Lot size 0.08 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1954
Number of units 2
Flooring type Concrete
Building materials Stucco
Roof type Composition
Listing Agency: E3 Realty & Loans
Listed By: Rosemarie Villanueva
Added: Jun 15 Changed: Jul 31 Last Checked: Aug 3 at 4:06PM
MLS# 41138398

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Two-story income and mixed-use property with a fully leased lounge/bar and beauty salon on the ground floor, along with two residential rental units upstairs. The building is fully occupied and includes ample on-site parking for tenants and customers.

2015 Springs Rd in Vallejo, CA (Solano County) is served by public water and public sewer and features stucco construction with a composition roof. Interior improvements include updated baths and an updated kitchen.

Additional physical features include concrete flooring, forced air heating with central air conditioning, an entry gate, and appliances such as a dishwasher and disposal. The property was built in 1954.

Key Highlights

  • Fully occupied two‑story building with a fully leased lounge/bar and beauty salon
  • Two residential rental units upstairs
  • 0.0782‑acre lot and 3,110 SF total building size

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $117.6k $37.80
− Vacancy −$9.2k −$2.95
EGI $108.4k $34.85
− OpEx −$27.1k −$8.71
NOI $81.3k $26.14
3,110 SF · lease $37.80/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.16M
$1.02M – $1.35M (±1% cap)
NOI $81,291 @ 7.0% cap · market cap 7.07%
Second Best
Multifamily LT 5
$864.1K
$756.1K – $1.01M (±1% cap)
NOI $60,484 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$1.51M
$1.32M – $1.77M (±1% cap)
NOI $105,951 @ 7.0% cap · market cap 9.21%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Blue Rock Lounge Bar & Pub Accounting & Tax Services Tax Preparation Premier Realty & Financial Loan Service

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Building Supply (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby
Under-served
Demand for This Use

Demographics for 94591, CA

56,305
Population
20,543
Households
2.7
Avg Household Size
42
Median Age
31%
College-Educated
89%
High-School Grad
21.1 sq mi
ZIP Area
2,668
Density / Sq Mi
$107,849
Median Household Income
$50,607
Median Earnings
$2,218
Median Rent
$602,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Gentleman Jim's 1324 Lincoln Rd E, Vallejo, CA 94591
  • Blue Rock Lounge 2015 Springs Rd, Vallejo, CA 94591

Frequently Asked Questions

What type of property is this?
Bar & Pub - Two-story property with a fully leased lounge/bar and beauty salon on the ground floor plus two rental units upstairs.
Where is this bar & pub located?
The property is located at 2015 Springs Rd Vallejo, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Fully occupied two‑story building with a fully leased lounge/bar and beauty salon; Two residential rental units upstairs; 0.0782‑acre lot and 3,110 SF total building size
More about this property
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