539 Georgia St Vallejo, CA 94590
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.