700 Marin St Vallejo, CA 94590-5913
- Retail space
- 8,388 SF
- 0.12 lot acres
Current Use by Public Records
- Whitney Smith Pottery / Art Studio / Artistic Handicrafts
Property Details for 700 Marin St
- Year built
- 1900
- Lot size
- 0.12 lot acres
- Property size
- 8,388 SF
- Property type
- Retail space
- APN
- 0056-164-090
- APU
- 56164090
Description
This exceptional investment opportunity encompasses a portfolio of five retail spaces ideally situated in Vallejo's vibrant Arts and Entertainment District. The property includes a vacant storefront at 700 Marin Street, offering immediate potential for lease or owner-occupancy. The remaining four units are currently leased to a diverse range of established businesses: a photography studio, a tattoo parlor, a restaurant, and a hair salon, providing a stable income stream. This prime location benefits from high foot traffic and proximity to key attractions. Just one block away is the historic Empress Theatre, drawing significant crowds. The property's strategic position also places it within easy walking distance of the civic center, ferry station, a convenient public parking lot, and the waterfront. The 0.12-acre lot provides ample space for the existing buildings and potential future development. This portfolio presents a rare chance to acquire a well-positioned, income-generating retail property in a rapidly growing area. The diverse tenant mix minimizes risk and ensures a steady return on investment. The combination of established businesses and a vacant unit allows for immediate income and future growth opportunities. This is an exceptional opportunity for investors seeking a strong foothold in the thriving Vallejo market. The property's central location and proximity to key amenities make it an attractive destination for both businesses and customers. Don't miss this chance to own a piece of Vallejo's dynamic downtown scene.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $360,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $524,000
- AI Estimate
- $402,000
Market price range: $525k - $1.85MMarket price range: $403k - $1.11M
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Location Insight
- Map
- Local Demand
- City
- Vallejo
- County
- Solano
- State
- California
- Longitude
- -122.256
- Latitude
- 38.1023
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA