539 Georgia St Vallejo, CA 94590

Property Details for 539 Georgia St

Year built

1930

Lot size

0.15 lot acres

Property size

4,110 SF

Property type

Investment properties

Property subtype

Live-work space

APN

0056-196-060

APU

56196060

Description

This exceptional 4,110 square foot Class C shopping center, located at 539 Georgia Street in Vallejo, California (zip code 94590), presents a unique investment opportunity. Currently vacant, this property offers significant upside potential. Built in 1890, the building boasts a rich history and retains original design elements in its residential components. The asking price is $998,000, translating to $242.82 per square foot. The property is a mixed-use building, encompassing two retail storefronts and three residential units: two one-bedroom, one-bathroom apartments and one three-bedroom, one-bathroom unit. The property is currently undergoing renovations following fire damage. This presents a buyer with the flexibility to purchase the property "as-is" and develop it according to their vision, or acquire it post-renovation. Situated on a central and highly trafficked street in downtown Vallejo, less than a block from Sonoma Boulevard, this location offers excellent visibility and accessibility. The lease type is gross, and the property is currently vacant, allowing for immediate customization and tenant selection. This is a compelling opportunity for investors seeking a high-return project in a rapidly developing area. The property's central location and mixed-use nature provide a strong foundation for future growth and profitability.

Location Insight

City

Vallejo

County

Solano

State

California

Longitude

-122.254

Latitude

38.1008

CBSA code

46700

CBSA name

VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments