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New Listing
$829,999
( )
 $4,456 est/mo Sourced by Back At You

531 Georgia Str,Vallejo, CA 94590

Vallejo, CA 94590

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Description

Excellent Retail investment opportunity in the heart of downtown Vallejo! (Retail not Industrial) This 4,269 SF retail building at 531-537 Georgia St features 3 fully leased retail/street-retail units at 100% occupancy, offering immediate, stable income with upside potential. Built in 1930 and renovated in 2023, the property has been well maintained with a newer roof (~5 years old), upgraded electrical capacity coordinated with PG&E (including new exterior panels), new gutters, and fresh exterior paint. Unit 537 features additional upgrades including new split HVAC, new flooring, and a new electrical subpanel. Zoned DMX (Downtown Mixed Use), the 6,500 SF lot offers off-street parking in the rear plus ample on-street parking. Located just half a block from Old Town Vallejo and moments from the Vallejo Farmers Market, Empress Theatre, and the Georgia Street retail corridor - an ideal opportunity for a Retail/Street Retail investor. Current cap rate 6.72%, pro forma 6.88%. Buyer to verify all measurements, income, and expenses.

Details

MLS #41147475
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Listing Provided ByBCRE | Brian Baniqued

Features

ZoningDMX
Acreage0.15

Interior

Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofShingle
Construction MaterialsStucco

Taxes

Property9291

Area Information

StateCA
CountySolano
CityVallejo
Zip Code94590
Listing VS Median (in 94590)
Price:
$829,999
low | high
Med:
$898,500
41.746857526334% of Average

Market Activity 94590

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountySolano
CityVallejo
Zip Code94590
Listing VS Median (in 94590)
Price:
$829,999
low | high
Med:
$898,500
41.746857526334% of Average
Nearby Listings (Within 1/10 mile)
Price: $622K - $1.37M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
444 Georgia St Property Photo 1
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1518 Sonoma Blvd Property Photo 1
$1,475,000
1518 Sonoma Blvd
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630 York Property Photo 1
$720,000
630 York
Vallejo, CA 94590
Listing Updated: September 8, 2026 at 12:27:35 PM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions