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736-744 Tennessee St

2 Retail Properties Offered at £471,832 in Vallejo, CA

Investment Highlights

  • 4 - Retail units with dedicated parking spaces
  • large lot - 3 parcels, 11,070 SF lot size
  • NMX (Neighborhood Mixed Use) Zoning
  • corner lot on a main commercial corridor
  • Individually metered

Executive Summary

KW Commercial is pleased to present this value-add 4-unit retail property located on a large corner lot on the busy commercial corridor in Vallejo. The property is comprised of two buildings, each with two retail units, and one storage unit in the back. This is a fantastic low entry opportunity to own a stabilized income commercial property on 3-parcels with a value-add potential. The investment property is currently 75% occupied. The zoning is NMX, which allows for a variety of uses, including residential, retail, office, industrial, public, and transportation/communications. Take advantage of the price improvement and give us an offer. The Seller is motivated.

Data Room Click Here to Access

Property Facts

Price £471,832
Price / SF £156.03 / SF
Net Initial Yield 5.24%
Sale Type Investment or Owner User
Status In Exchange
Number of Properties 2
Individually For Sale 0
Total Building Size 3,024 SF
Total Land Area 0.25 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
736-740 Tennessee St, Vallejo, CA 94590 Retail 784 SF 1932 -
742-744 Tennessee St, Vallejo, CA 94590 Retail 2,240 SF 1932 -
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  • Listing ID: 31012357

  • Date on Market: 21/02/2024

  • Last Updated:

  • Address: 736-744 Tennessee St, Vallejo, CA

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