531-537 Georgia St - Storefront Retail/Office FOR SALE


$899,000 USD
925-440-5308
531-537 Georgia St, Vallejo, CA for Sale
$899,000 USD
Storefront Retail/Office - FOR SALE
1/29
null | 5.74% Cap Rate


OVERVIEW

537 Georgia Street is a fully leased ±4,269 square-foot retail building located in the heart of Downtown / Old Town Vallejo. The property is 100% occupied by three complementary, service-oriented tenants—Lucky Spa, Dash Hair Salon, and King’s Events—providing immediate, stabilized cash flow with a diversified rent roll. The building generates consistent cash flow, with 3% annual rent increases across all tenants. Lease expirations are staggered through 2027–2029, providing reduced rollover risk. Situated along the Georgia Street corridor near the Vallejo Ferry Terminal, the property benefits from strong local patronage, walkability, and transit connectivity to Downtown San Francisco. The small-bay infill retail format and attractive in-place rents averaging $1.52/SF/month provide an appealing entry point for private investors and 1031 exchange buyers seeking stable income with future rent growth potential in a downtown setting.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

Comm Sales & Service

APN/PARCEL ID

0056-196-050

ASK ABOUT THIS PROPERTY

Etienne KarleskindMarcus & MillichapMore Info
925-440-5308

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Etienne KarleskindMarcus & MillichapMore Info
925-440-5308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.