For Sale
$3,100,000

1500 4Th StBenicia, CA 94510

Prime Benicia location, 8,704 sq ft, 10-unit potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial property presents a compelling investment opportunity in the desirable city of Benicia, California. Located at 1500 E 4th St, Benicia, CA 94510, this special purpose land parcel encompasses a substantial 8,704 square feet of combined living space spread across three separate lots (APN numbers not provided). The property currently offers the potential for a 10-unit building, providing significant upside potential for future development or renovation. The existing structure features individually metered units and a convenient on-site coin-operated laundry facility in an attached laundry room. This presents an immediate opportunity to increase rental income through gradual rent increases and strategic unit upgrades. The property benefits from its excellent location in Benicia, within the landlord-friendly environment of Solano County, and enjoys convenient access to Interstate 780. The total lot size is approximately 9,441 square feet. The asking price for this property is $3,100,000. Please note: Do not disturb tenants.

Highlights

  • $3,100,000 asking price.
  • 8,704 square foot special purpose property with land.
  • Located at 1500 E 4th St, Benicia, CA 94510.
  • Ten-unit building on three lots totaling 9,441 square feet.
  • Individually metered units with an on-site coin-operated laundry.

Property Details for 1500 4Th St

Property type
Specialty properties, Land
Square Feet
8,704 SF

Location Insight

City
Benicia
County
Solano
State
California
Latitude
38.0537255
Longitude
-122.1471286
1500 4Th St, Benicia, California

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1500 4Th St
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