800 1st St, Benicia, CA 94510-3216
This exceptional commercial property, situated on a prominent corner lot at 800 1st Street in the heart of downtown Benicia, California, presents a compelling investment opportunity. The 0.09-acre site houses a five-unit building currently fully occupied by a mix of retail and service businesses. This ensures a steady income stream from day one. The property benefits from its highly desirable location, just steps from a variety of popular restaurants, shops, and the renowned One House Bakery. Furthermore, its proximity to the waterfront, walking trails, and the yacht club adds significant appeal and enhances the potential for increased foot traffic and visibility. The building's current configuration offers immediate returns, while the potential for future development adds considerable long-term value. An adjacent vacant lot is available for purchase, presenting a unique opportunity to expand the existing footprint. This combined property offers exciting possibilities for a mixed-use development, potentially incorporating retail spaces on the ground floor and residential condominiums on upper levels. This would capitalize on the increasing demand for both commercial and residential spaces in this thriving area of Benicia. The property's strategic location and development potential make it an ideal investment for those seeking both immediate income and significant future growth. Detailed information regarding the current tenants and lease agreements is available upon request. This is a rare chance to acquire a substantial commercial property in a rapidly growing and attractive California city.
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Gypsy Rose Boutique Clothing Store Thrift Store
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Western Union Bank Credit Union
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Thriftie D's The Information Center Vehicle Inspection Center
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Talacona Gallery & Studio Training Center (Bike/Boat/Book/etc) Store
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Gold Key Real Estate: Ken Leach Real Estate Agency
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.