800 1St St Benicia, CA 94510
- Commercial land
- 2,284 SF
- 0.09 lot acres
Current Use by Public Records
- Gypsy Rose Boutique / Clothing Store / Thrift Store
- Western Union / Money Transfer Service / Money Order Service
- Thriftie D's The Information Center / Department Of Motor Vehicles / Registration Office
- Talacona Gallery & Studio / Artist / Jeweler
- Gold Key Real Estate: Ken Leach / Real Estate Agent
Property Details for 800 1St St
- Year built
- 1937
- Lot size
- 0.09 lot acres
- Property size
- 2,284 SF
- Property type
- Commercial land
- APN
- 0089-052-160
- APU
- 89052160
Description
This exceptional commercial property, situated on a prominent corner lot at 800 1st Street in the heart of downtown Benicia, California, presents a compelling investment opportunity. The 0.09-acre site houses a five-unit building currently fully occupied by a mix of retail and service businesses. This ensures a steady income stream from day one. The property benefits from its highly desirable location, just steps from a variety of popular restaurants, shops, and the renowned One House Bakery. Furthermore, its proximity to the waterfront, walking trails, and the yacht club adds significant appeal and enhances the potential for increased foot traffic and visibility. The building's current configuration offers immediate returns, while the potential for future development adds considerable long-term value. An adjacent vacant lot is available for purchase, presenting a unique opportunity to expand the existing footprint. This combined property offers exciting possibilities for a mixed-use development, potentially incorporating retail spaces on the ground floor and residential condominiums on upper levels. This would capitalize on the increasing demand for both commercial and residential spaces in this thriving area of Benicia. The property's strategic location and development potential make it an ideal investment for those seeking both immediate income and significant future growth. Detailed information regarding the current tenants and lease agreements is available upon request. This is a rare chance to acquire a substantial commercial property in a rapidly growing and attractive California city.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Benicia
- County
- Solano
- State
- California
- Longitude
- -122.157
- Latitude
- 38.0505
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA