625 Tuolumne StVallejo, CA 94590

This exceptional mixed-use property in Vallejo, California, presents a compelling investment opportunity. Located at 625 Tuolumne Street, this 4,008 square foot building sits on a sizable 0.14-acre lot and comprises six units: three residential and three commercial spaces. The property boasts a current cap rate of 6.15%, with a potential for increased yield up to 8.22%, offering significant return on investment. The combined rentable space exceeds 6,500 square feet, spread across two parcels, providing ample room for tenants and future expansion. Its strategic location near shopping centers and popular restaurants ensures high occupancy rates and strong rental demand. The expansive lot size presents significant development potential, allowing for future expansion or redevelopment to further enhance the property's value and income stream. This property is ideally suited for investors seeking immediate rental income and long-term growth potential in a thriving area of Vallejo. The property's current configuration and prime location make it an attractive investment for both seasoned investors and those new to the commercial real estate market. This is a rare opportunity to acquire a high-performing mixed-use property in a desirable location with substantial upside potential. The asking price is $1,299,000.