Burt M. Polson | Napa Valley and Vallejo's Commercial Real Estate Broker

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Napa Valley & Vallejo, California

Another New Listing From Burt M. Polson | 700 Tuolumne Street, Vallejo

INVESTMENT DETAILS

  • ±6,000 sf, four units, two buildings

  • Zoned: CL (Linear Commercial)

  • 24 parking spaces

  • Built 1970, block construction

  • 7.08% CAP, 16.17% IRR

  • $725,000

Straight-forward leased investment being sold by the developer. This site is zoned linear commercial, which allows for a wide-range of uses. Current tenants are two churches, attorney and nursing school with leases varying from month-to-month to expiring in February 2019. The building is low maintenance and has low expenses and represents a good return and upside potential for the investor or owner-user.

Please go to 700Tuolumne.com for more information.

An ACRES Real Estate Services, Inc. Company