Current Use by Public Records
- TMac Images / Portraits By Mac / Photography Service / (Bike/Boat/Book/etc) Store
Property Details for 931 Tennessee St
- Year built
- 1941
- Lot size
- 0.15 lot acres
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 931 Tennessee Street, Vallejo, CA, presents a compelling investment opportunity. Spanning 4,153 square feet on a 0.15-acre lot, the building comprises two distinct units. Upstairs, a vacant residential unit awaits immediate occupancy or rental, offering flexibility for owner-occupancy or additional income generation. Downstairs, a leased commercial storefront currently operates as an office, providing a consistent revenue stream. The property's financial performance is further enhanced by a rear parking lot with four spaces, all currently leased, generating additional rental income. The building's strategic location in Vallejo ensures convenient access to local amenities and transportation networks. This property is ideally suited for investors seeking a diversified income portfolio or business owners looking to establish a presence in a thriving area. The combination of a vacant residential unit and a leased commercial space offers significant potential for long-term growth and profitability. The existing lease agreements provide immediate cash flow, while the vacant residential unit allows for immediate income generation or owner-occupancy. The included parking lot adds further value and income potential. This is a rare opportunity to acquire a well-positioned mixed-use property in a desirable location. The asking price is $529,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.247
- Latitude
- 38.1096
