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    236 Georgia Street

    Vallejo, CA 94590
    • $2,388,000
    • STATUS: Active
    • ON SITE: 196 days
    • ID#: 22022820
    UPDATED: 72 min ago
    $2,388,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,470
      SQFT
    • $191
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:
    Area:

    School Ratings & Info

    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.

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    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2021-04-15T19:57:19.623.
    www.showcaseproperties.com/homes/110523890
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    236 Georgia Street Vallejo, CA 94590

    • Price: $2,388,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: 22022820
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    12,470
    SQFT
    $191
    $/SQFT
    1993
    Built
    Neighborhood:
    Vallejo 5
    County:
    Solano
    Area:
    Vallejo 5
    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.
    Exterior Features

    Construction Materials Wood Foundation Details Slab Location DowntownPublic Transportation NearbyRestaurant NearbyShopping Nearby Lot Features Mid Block Parking Total 19 Road Frontage Type City Street Roof Other Walls Sheetrock

    Interior Features

    Cooling CentralZoned Air Floor 2 Flooring Carpet Heating CentralZoned Heat

    Property Features

    Accessibility Features AccessibledoorsAccessibleelevatorinstalled Auction No Availability Date 1/1/1800 12:00:00 AM Building Features 1 Restroom Per UnitDumpsterElevator(S)Front SignLandscapingSkylight(S)Under 12 Ft Ceilings Building Name Garden Plaza Business Type Other Current Use Office Dock Doors 0 Electric 3 Phase400+ Amp ServiceSeparate Electric Meter Income Includes Rent Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 0 Load Factor 0 Loading None Office Sq Ft 12470 Operating Expense Includes InsuranceProperty TaxUtilitiesOther Percent Office 100 Property Sub Type Office Property Type Commercialsale Rentable Yes Retail Sq Ft 0 Security Features Fire AlarmFire Suppression SystemSmoke DetectorVideo System Sewer Public Sewer Special Listing Conditions None Structure Type DetachedOffice Utilities Cable AvailableInternet AvailableMaster Water MeterSeparate Gas MeterTelephone Warehouse Sq Ft 0 Water Source Public Zoning Description District-Downtown-Waterfront Commercial

    Listing information © 2021 Bay Area Real Estate Information Services.
    Listing courtesy of Rosanna Souza of Tipp Realty At Glen Cove.


    © 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2021-04-15T19:57:19.623.
     
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