Downtown Vallejo Retail Investment
531 Georgia St, Vallejo, CA 94590
Fully leased retail building in downtown Vallejo with stable income.
Type:Shopping Strip
Property size:
4,269 SFPrice / SF:
$210/SF- Added:
- Apr 3, 2026
- Days on Market:
- 61
- Last Refresh:
- Apr 3 at 5:17 am
Property Features for 531 Georgia St
General Information
- Standard status
- Active
- Size
- 4,269 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 1981
Listing agent Quentin Caruso License #CA: 02074286 (415) 625-2180
Listing office San Francisco Office (415) 625-2180
Listing date Apr 3, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of San Francisco Office
HighLights
- Fully leased retail building in Downtown Vallejo provides immediate, stabilized cash flow.
- 100% occupied by three complementary, service‑oriented tenants with a diversified rent roll.
- Consistent cash flow with 3% annual rent increases across all tenants.
- Staggered lease expirations through 2027–2029, reducing rollover risk.
- Located near the Vallejo Ferry Terminal, benefiting from strong local patronage, walkability, and transit connectivity to Downtown San Francisco.
- Attractive in‑place rents averaging $1.52/SF/month, offering future rent growth potential.
Overview
The property at 537 Georgia Street is a fully leased retail building with approximately 4,269 square feet of space. It is located in the Downtown/Old Town area of Vallejo. The building is 100% occupied by three service-oriented tenants: Lucky Spa, Dash Hair Salon, and King’s Events. This provides immediate and stabilized cash flow with a diversified rent roll. The building generates consistent cash flow, with 3% annual rent increases across all tenants. Lease expirations are staggered through 2027–2029, providing reduced rollover risk. Situated along the Georgia Street corridor near the Vallejo Ferry Terminal, the property benefits from local patronage, walkability, and transit connectivity to Downtown San Francisco. The in-place rents average $1.52/SF/month. This property is an appealing entry point for private investors and 1031 exchange buyers seeking stable income with future rent growth potential in a downtown setting.
Location Intelligence
Current Use by Public Records
Lucky Spa Vallejo
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.2538519
- Latitude
- 38.1007855
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Fully leased retail building in downtown Vallejo with stable income.
Where is this strip mall located?
The property is located at 531 Georgia St Vallejo, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Fully leased retail building in Downtown Vallejo provides immediate, stabilized cash flow.; 100% occupied by three complementary, service‑oriented tenants with a diversified rent roll.; Consistent cash flow with 3% annual rent increases across all tenants.
