600 Solano AveVallejo, CA 94590
- Theaters & concert halls
- 1,568 SF
Property Details for 600 Solano Ave
- Year built
- 1960
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 1,568 SF
- Property type
- Theaters & concert halls
- APN
- 0058-042-020
- APU
- 58042020
Description
This exceptional mixed-use commercial property at 600 Solano Ave, Vallejo, CA, presents a unique investment opportunity. Situated on a 0.07-acre lot, this property offers a blend of retail, office, residential, and food service spaces, along with a banquet hall, creating diverse income potential. The property features a gated lot, ensuring enhanced security and privacy for tenants and occupants. Ample parking is available, catering to the needs of businesses and residents. Its strategic location provides easy access to major transportation routes and public transit, maximizing accessibility for customers and employees. The property benefits from its proximity to the Vallejo Waterfront, a Vallejo Carpool Pick Up location, and the Ferry, further enhancing its appeal and accessibility. Surrounded by thriving businesses, popular restaurants, and residential communities, this property is ideally positioned to capitalize on high foot traffic and a vibrant neighborhood atmosphere. The property is priced at $575,000 and offers significant potential for investors and entrepreneurs seeking a prime location in a bustling area. The versatile space allows for a variety of uses, making it an attractive option for a wide range of businesses. This is a rare chance to acquire a well-located, multi-use property with significant upside potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $285,552
- 6.5%
- $263,587
- 7%
- $244,759
-
Comparable approach
- Method
- Valuation
- Relative Method
- $250,879
- Geo Method
- $332,371
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $961,788
- Retail / Commercial
- $496,259
- Mixed-Use / Specialty
- $496,901
- Hospitality / Lodging
- $367,699
- Office
- $496,459
- Institutional / Educational
- $517,438
- Residential Income
- $605,402
- Multifamily
- $712,722
- Automotive / Energy
- $443,518
- Parking / Income-Based Land
- $150,671
- Restaurant / Food Service
- $263,587
- Healthcare / Senior Housing
- $507,090
Location Insight
- City
- Vallejo
- County
- Solano
- State
- California
- Latitude
- 38.0964
- Longitude
- -122.248
- CBSA code
- 46700
- CBSA name
- VALLEJO-FAIRFIELD, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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