531 Georgia St, Vallejo, CA 94590
531 Georgia St, Vallejo, CA 94590
531 Georgia St, Vallejo, CA 94590
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$829,999
Est. payment /mo
6,534 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41147475

HOA Y/N No

Year Built 1930

Annual Tax Amount $9,291

Lot Size 6,534 Sqft

Property Description

Excellent Retail investment opportunity in the heart of downtown Vallejo! (Retail not Industrial) This 4,269 SF retail building at 531-537 Georgia St features 3 fully leased retail/street-retail units at 100% occupancy, offering immediate, stable income with upside potential. Built in 1930 and renovated in 2023, the property has been well maintained with a newer roof (~5 years old), upgraded electrical capacity coordinated with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the 6,500 SF lot offers off-street parking in the rear plus ample on-street parking. Located just half a block from Old Town Vallejo and moments from the Vallejo Farmers Market, Empress Theatre, and the Georgia Street retail corridor — an ideal opportunity for a Retail/Street Retail investor. Current cap rate 6.72%, pro forma 6.88%. Buyer to verify all measurements, income, and expenses.

Location

State CA

County Solano

Zoning DMX

Interior

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 6

Others

Tax ID 0056196050

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CRMLS Full IDX Feed (MAIN Website Search)
Listed by Brian Baniqued BCRE #01104388

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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531 Georgia St

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