Another New Listing From Burt M. Polson | 700 Tuolumne Street, Vallejo
±6,000 sf, four units, two buildings
Zoned: CL (Linear Commercial)
24 parking spaces
Built 1970, block construction
7.08% CAP, 16.17% IRR
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.