501 Tregaskis Ave Vallejo, CA 94591

Property Details for 501 Tregaskis Ave

Lot size

0.14 lot acres

Property type

Commercial real estate

Description

This unique investment opportunity in Vallejo, California, presents a compelling chance to acquire a substantial property with significant upside. The offering encompasses two parcels totaling 0.25 acres. One parcel features a former church building at 501 Tregaskis Avenue, previously zoned residential. The church is being sold as-is, offering a blank canvas for redevelopment. The adjacent vacant lot complements the church property, creating a double corner lot configuration. This combined acreage presents an exceptional opportunity for the development of multi-unit residential properties. The high demand for housing in the Vallejo community makes this a particularly attractive investment. The seller intends to sell both lots simultaneously, providing a cohesive and expansive development site. Prospective buyers are strongly encouraged to independently verify zoning regulations and development possibilities with the City of Vallejo to confirm the feasibility of their intended project. The property is priced at $249,000 and offers a rare chance to capitalize on the growing housing needs within the area. The sale includes both the former church building and the adjacent vacant lot. This combined property presents a unique opportunity for a savvy investor to create a significant return.