241 Georgia StVallejo, CA 94590

This exceptional commercial property, located at 241-255 Georgia Street in Vallejo, California, presents a unique investment opportunity. The 35,605 square foot building, constructed in 1966, sits on a 0.62-acre lot and is zoned for Downtown Mixed Use, offering significant flexibility for a variety of uses. Currently configured as both restaurant and medical office space, the property's versatility allows for diverse redevelopment possibilities. The zoning, specifically Downtown Specific Plan Dst 1: Georgia St Corridor, permits office, retail, and restaurant uses. The property's strategic location offers unparalleled convenience, with easy access to the Vallejo Transit Station and Vallejo Ferry Terminal, facilitating seamless commuting to the broader Bay Area. Its proximity to a 104-space public parking lot and a 450-space multi-level garage, coupled with ample on-street parking, mitigates parking concerns despite the site's parking exemption. A six-minute walk to the Vallejo Ferry terminal provides additional commuting options. The asking price for this substantial property is $6,350,000. The property's potential for affordable housing redevelopment adds further value to this compelling investment. This is a rare chance to acquire a significant commercial asset in a rapidly growing area. The two-story building offers substantial space and potential for future expansion or renovation. The property's location in the heart of Vallejo's downtown area ensures high visibility and accessibility.