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About This Home

This 0-bedroom, 0-bathroom commercial at 700 Marin Street in Vallejo, CA is listed for $850,000 ($162 per sqft). the home offers 5,250 sqft of living space on a 0.12 acres lot.

Agent Description

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.

Key Features

  • 0.12 acre lot

Property Details

1 story

Monthly Cost Estimate

$4,546/mo

20% down · 6.5% · 30 years

Principal$615
Interest$3,683
Insurance$248

Estimates only. Actual payments may vary.

Location

700 Marin Street

Vallejo, CA 94590

Property Details

Construction

Stucco

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 700 Marin Street is listed at $850,000 ($162/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.

Key features include: 0.12 acre lot.

This property is listed by Jessica Kelly and can be reached at 7078640205 or jessie.kelly@kappelgateway.com.

JK

Jessica Kelly

Agent at Coldwell Banker Kappel Gateway Realty

(707) 864-0205

Listed by Coldwell Banker Kappel Gateway Realty · View on Broker Site

MLS# 326015712· Source: listhub· Updated today

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700 Marin Street, Vallejo, CA 94590

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