1029 Tennessee St - Freestanding FOR SALE


Vallejo, CA 94590- West Vallejo
$649,900 USD
707-552-1500
1029 Tennessee St, Vallejo, CA for Sale
$649,900 USD
Freestanding - FOR SALE
1/24
null | 5.06% Cap Rate

1029 Tennessee St
Vallejo, CA 94590
West Vallejo


HIGHLIGHTS

  • Heavy daytime traffic
  • Natural Light
  • Several office spaces

OVERVIEW

1029 Tennessee St in Vallejo is proudly presented by Rosanna Souza from Messina Realty and David Tipp with Tipp Realty at Glen Cove. This freestanding multi-tenant building lends itself for an ad value investment opportunity. The 8800 square feet is hidden behind a subdued facade and the interior is quite surprising with a grand staircase in the middle of the building. The lower floor tenants are a dance studio and massage business with high ceilings in each location. The second level and workshop space on the lower floor. There are additional suites that are vacant to create more cash flow. The building has 3 bathrooms, kitchen and 8 separate spaces. Based on data from the City of Vallejo the traffic count clocks over 14,000 cars per day at this location. Flexible Zoning with the vacant spaces. The property is also located in an Opportunity zone. Mare Island Development and highway 29 is close to this location for a carry over of opportunities.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$74 USD /SF

CAP RATE

5.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C, Vallejo

APN/PARCEL ID

0056-093-030

ASK ABOUT THIS PROPERTY

Peppino MessinaPeppino MessinaMore Info
707-552-1500

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Peppino MessinaPeppino MessinaMore Info
707-552-1500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.