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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

The Elite Club at Vintage Sotheby's International Commercial Real Estate Division is proud to present one of Suisun City's finest waterfront redevelopment and infill opportunities, 950 Marina Circle. A unique investment opportunity to acquire over 13 acres of waterfront property with 9 separate parcels Zoned for Medium Density Residential.
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
Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Marina
  • Self Storage
  • Single Family Development
Total Lot Size 13.17 AC

1 Lot Available

Lot

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0032-322-190
  • 0032-322-160
  • 0032-322-180
  • 0032-322-200
  • 0032-322-210
  • 0032-331-060
  • 0032-321-010
  • 0032-322-170
Land Assessment
£792,994
Improvements Assessment
£13,078
Total Assessment
£806,072

zoning

Zoning Code RL (Residential Land)
RL (Residential Land)
  • Listing ID: 33129696

  • Date on Market: 10/09/2024

  • Last Updated:

  • Address: 950 Marina Cir, Suisun City, CA 94585

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