Mixed-Use Property in Central
539 Georgia Street Vallejo, CA 94590
539 Georgia Street, Vallejo, CA, 94590
$998,000
For Sale
$998,000
Five-unit mixed-use property with renovation potential in central location.
Property Size4,110 SF
Lot Size0.15 Acres
Price / SF$242.82
Days on Market227
Property Features for 539 Georgia Street
General Information
- Standard status
- Active
- Size
- 4,110 SF
- Lot size
- 0.15 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing Agency
BRIAN A. MERRION, BROKER
(888) 832-7179
Listed by
BRIAN MERRION · License #01940486
Source
Corcoran
Added: Dec 6, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 19 at 4:40 am
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 BRIAN A. MERRION, BROKER
Investment Insights
Based on property information with market context.
This five-unit mixed-use property is situated on a central, well-traveled street in Vallejo, less than a block from Sonoma Boulevard. The property includes two retail storefronts, two one-bedroom, one-bathroom apartments, and one three-bedroom, one-bathroom upper unit. The 4,110 square foot property is currently undergoing renovations due to fire damage. It can be purchased as-is or post-renovation. The residential units retain original design elements. This property presents a cash flow opportunity with upside potential.
Key Highlights
- Excellent cash flow opportunity with strong upside potential.
- Prime central location on a well‑traveled street, near Sonoma Blvd.
- 5‑unit mixed‑use property (2 retail, two 1‑BR, one 3‑BR).
Local Financial Insights For Mixed Use
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 | $160.3k | $39.00 |
| − Vacancy | −$15.7k | −$3.82 |
| EGI | $144.6k | $35.18 |
| − OpEx | −$54.2k | −$13.19 |
| NOI | $90.4k | $21.99 |
4,110 SF · lease $39.00/SF/yr · vacancy 9.80% · expense 37.50%
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,183 @ 7.0% cap · market cap 9.54%
Second Best
Mixed Use
$1.29M
$1.13M – $1.51M
NOI $90,363 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $140,019 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Five-unit mixed-use property with renovation potential in central location.
Where is this mixed-use property located?
The property is located at 539 Georgia Street Vallejo, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Excellent cash flow opportunity with strong upside potential.; Prime central location on a well‑traveled street, near Sonoma Blvd.; 5‑unit mixed‑use property (2 retail, two 1‑BR, one 3‑BR).
