Waterfront - Seller Financing
Address
236 Georgia Street Vallejo, CA
Price
$ 2,388,000
Property Attributes
  • MLS#22022820
  • TypeCommercial
  • CountySOLANO
  • CityVallejo
  • AreaVallejo 5
  • Zip94590
  • StyleCommercial
  • Year Built1993
  • Taxes29850
  • Price$ 2,388,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12470
  • Lot Size0.6 Acres
Listing Provided Courtesy Of:
Rosanna Souza with Tipp Realty at Glen Cove - 7076428880
Property Description

Supreme Downtown Location within a Federal Opportunity Zone. This amazing investment is a well maintained fully leased multi-tenant two-story Class B building consisting of 12470 +/- rentable square feet with 8 current office spaces and 7 tenants with modified gross leases. The tenant mix for the property consists of a variety of businesses. Private parking lot with 19 parking spaces with ample street parking. The interior has 2 common bathrooms on each level along with an Elevator. New Roof & HVAC units installed 12/20. The Proforma estimate for this investment is yielding a capitalization rate of 5.1%. The Georgia Street frontage benefits every Saturday of the year with the Farmer's Market foot traffic. Constructed in 1993, the building is on highly visible street near shops, restaurants, banks, City Hall, future Waterfront and Mare Island development projects, 1 block from the Vallejo Transit Center and 2 blocks from the Vallejo Ferry Terminal to San Francisco.

Price History
9/30/2020 Listed $2,388,000

General Features

Accessibility Features Doors, Elevator, Parking
Area Vallejo 5
Construction Status Completed
HOA Southern Solano County
Lease Type Net
Miscellaneous Dumpster, Elevator(s), Fenced Yard, Front Sign, Landscaping, Restroom/Unit, Skylight(s), Sprinkler Sys
Number of Units 8
Parking 11-25 On Site, Carport(s), Covered, Private Lot
Possession Close Escrow, Subject to Tenants
Property Subtype Office
Property Type Commercial
Roof Other
Sale/lease-rent Sale
Status Active
Stories 2 Story
Tenants 7
Utilities 3 Phase, 400 or More Amps, Cable Available, Garbage Service, Internet Available, Master Water Meter, Sep Elec Meter, Sep Gas Meter, Telephone
Year Built 1993
Zoning District-Downtown-Waterfront commercial

Interior Features

Floors Carpeted
Floors 2
Heat/Air Conditioning Central Air, Central Heat, Zoned Air, Zoned Heat
Offices 7
Square Footage 12470.00
Walls SheetRock

Exterior Features

Available Date 2020-09-30
Acres 0.60
Condition Exterior-Very Good, Int-Very Good
Exterior Wood
Foundation Slab
Lot Description Mid Block
Lot Square Footage 26136.00
Number of Buildings 1
Parking Spaces 19
Sewer/Septic Sewer Public
Water Source Water Public

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94590

Price
AVG $640K
$2.39M
Taxes
AVG $15,592
$29,850
Visits
AVG 38
6
Year Built
AVG 1948
1993
Walkscore
AVG 86
89
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.