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30015902
30015903

700 Marin Street, Vallejo, CA 94590

DP
CA CA 01277960
Coldwell Banker Kappel Gateway Realty Fairfield
JK
CA 2201727
Coldwell Banker Kappel Gateway Realty
Listed by Coldwell Banker Kappel Gateway Realty Fairfield, Coldwell Banker Kappel Gateway Realty
$850,000
99 days on market
Updated 3 days ago
Opportunity zone

700 Marin Street

Details
Property Type Retail
Sub Type Storefront
Square Footage 5,250
Lot Size (SqFt) 5,249

Retail | 5,250 SqFt

Marketing description

Corner Investment Opportunity | Multi-Tenant Retail Building | Vallejo. Seize this rare opportunity to acquire a fully occupied, income-producing multi-tenant retail building in the heart of Downtown Vallejo's thriving Arts & Entertainment District, blocks from the waterfront & near the I-80. Situated on a prime corner lot, this five-unit property offers stable, in-place cash flow with significant upside potential as below-market leases roll to current market rents. ** Property Highlights: Roof replaced in 2024. Electrical upgraded and split between 5 units in 2022. The building totals 5,250 square feet across five diverse retail units, all currently leased to established tenants representing a variety of recession-resilient businesses. Many tenants are long-term occupants paying below-market rents, creating a compelling value-add opportunity for investors looking to grow NOI over time. The Units: 700 Marin Street 612 SF | Spice Shop 400 Virginia Street 648 SF | Photography Studio 402 Virginia Street 1,260 SF | Tattoo Shop 406 Virginia Street 1,260 SF | Restaurant 408 Virginia Street 1,470 SF | Hair Salon... Positioned one block from the historic Empress Theater, this property benefits from strong foot traffic and growing cultural energy in one of Vallejo's most vibrant corridors. The Civic Center, ferry station, transportation hub, marina, and waterfront are all within blocks attracting both local residents and visitors to the area. A public parking lot is also within walking distance, complementing the building's own private parking. With fully rented occupancy, a diversified tenant mix, and rents priced below current market rates, this asset is ideally positioned for a value-add investor. Bring leases to market rate and watch your returns grow. Opportunities like this fully tenanted, in a walkable downtown don't last long! Frontage: 79' on Virginia St & 74' on Marin St. Tenants pay for all utilities except sewage.
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Listing Contacts

DP
CA CA 01277960
Coldwell Banker Kappel Gateway Realty Fairfield
JK
CA 2201727
Coldwell Banker Kappel Gateway Realty
Listed by Coldwell Banker Kappel Gateway Realty Fairfield, Coldwell Banker Kappel Gateway Realty

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Additional Information

Name
Don Preston
License
CA 01277960
Brokerage
Coldwell Banker Kappel Gateway Realty
Brokerage Phone
7077180360
Brokerage Address
5071 Business Center Drive
Name
Jessie Kelly
License
2201727
Brokerage
Coldwell Banker Kappel Gateway Realty
Brokerage Phone
(707) 344-5004
Title
Real Estate Broker
Brokerage Address
5071 Business Center Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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