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950 Marina Cir - Waterfront Development Property
13.17 Acres of Commercial Land Offered at £3,846,375 in Suisun City, CA 94585
Investment Highlights
- Waterfront
- Zoning: Medium Density Residential
- Existing Cashflow from Storage Business
- 13.17 Gross Acres / 9 Separate Parcels (APNs)
- Close Proximity to Suisun City Yacht Club, Dining and Shopping Plaza
Executive Summary
Located at Grizzly Island Trail at the intersection of Highway 12 and Marina Blvd in Suisun City. Currently there is an existing Storage Business, utilities and Boat Launch.
Close Proximity to Suisun City Yacht Club, Shopping and dining, the subject property is also directly around the corner from the Suisun city's waterfront and yacht club. The zoning provides for a wide variety of residential development up to 20 dwelling units per net acre, including detached and attached single-family and multi-family dwellings. This zone is also intended to allow and encourage some commercial uses along the waterfront, particularly on residential lots with waterfront access. Limited commercial uses on these lots allow for design or conversion of ground floor space for this purpose.
The Waterfront District is comprised of three principal parts or character areas including:
1) Shopping, Entertainment, and Culture area, comprising the commercial, mixed-use, and civic portions of the Downtown Waterfront District on both sides of Highway 12
2) the Suisun Channel; Historic Old Town area, adjacent to the railroad tracks and comprising the older historic residential, commercial businesses, and main street retail core of the Downtown Waterfront District; and
3) Neighborhoods, residential neighborhood areas with access and frontage to the waterfront on the eastern and southern portions of the District, such as 950 Marina Circle., also known in the specific plan as District 8.
The Civic Center and Whispering Bay Waterfront, includes the civic center area, anchored by City Hall, and the Whispering Bay waterfront, which wraps the southeastern edge of the Planning Area. This district is bordered by Marina Boulevard / Marina Circle and Civic Center Boulevard on the north. West of Civic Center Boulevard are the City’s administrative offices, the Solano Yacht club, and open space and wetland areas.
Development of these vacant properties and redevelopment of the former marina brings the potential to provide a circulation connection that joins Marina Boulevard to Civic Center Boulevard.
Come Discover the hidden gem of Solano County, Suisun City’s Waterfront District. There’s a lot to do in what is considered the best kept secret in Solano County! This unique, walkable destination includes shopping, entertainment and a wide variety of restaurants. Don’t forget the outdoor water-sports including boating, kayaking, and bird watching too! It’s perfect for a day trip or overnight stay.
All year long, you'll find spectacular waterfront events and family fun, including music concerts, car shows, fireworks on Independence day, boat parades and Christmas tree lighting celebrations. Come experience the magic of Suisun City. Calling all developers and entrepreneurial spirits to come be part of an exciting new venture. Secure your piece of waterfront today and contact us to learn more about 950 Marina Circle.
Contact Carmen Gray for the Offering memorandum at 707-410-5399 or Carmen@CarmenGrayCRE.com
Property Facts
Price | £3,846,375 | Property Type | Land |
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Development Sale | Proposed Use | |
No. Lots | 1 | Total Lot Size | 13.17 AC |
Price | £3,846,375 |
Sale Type | Investment |
Sale Conditions | Development Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 13.17 AC |
1 Lot Available
Lot
Price | £3,846,375 | Lot Size | 13.17 AC |
Price Per AC | £292,056 |
Price | £3,846,375 |
Price Per AC | £292,056 |
Lot Size | 13.17 AC |
Zoned for Medium Density Residential
Description
Investment Highlights Asking Price $4,875,000 13.17 Gross Acres Existing Cashflow from Storage Business 9 Separate Parcels (APNs) Up to 20 Units/Acre Zoning: Medium Density Residential Utilities: Storm, Sewer, Water & Electric Boat Launch Close Proximity to Suisun City Yacht Club Close to Shopping Plaza Current Use: Self storage facilities, including for Boats, RVs, and Trailers. Keypad entry/exit Close access to Hwy 12 Outside parking spots available from 20' to 45' Inside parking spots available up to 25' Container storage is also available ranging from 8'x10' to 8'x40' Contact Carmen Gray for the Offering memorandum at 707-410-5399 or Carmen@CarmenGrayCRE.com
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £13,078 | |
Land Assessment | £792,994 | Total Assessment | £806,072 |
PROPERTY TAXES
zoning
Zoning Code | RL (Residential Land) |
RL (Residential Land) |
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950 Marina Cir - Waterfront Development Property
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