200 Tennessee StVallejo, CA 94590

Property Details for 200 Tennessee St

Lot size

0.30 AC

Property type

Other investment properties

Property subtype

Investment properties

Description

This exceptional investment opportunity encompasses the entire 200 block of Tennessee Street in Vallejo, California, totaling 0.3 acres. The property includes a revenue-generating standalone building and an adjacent fenced lot currently used as an event venue. Its strategic location offers easy access to major transportation routes and provides ample parking, a significant advantage for any business. This turnkey opportunity is ideal for investors seeking diverse income streams, potentially in the events industry, food truck operations, or an open-air market. The property's NMX (Neighborhood Mixed-Use) zoning designation allows for residential development, subject to buyer verification of all permitted uses. The sale includes APNs 0055-064-100/110/120/130/140, representing the entire block. This property is situated within an Opportunity Zone, offering potential tax advantages. The asking price is $3,200,000. Bring your vision and capitalize on this unique, multi-faceted investment opportunity in a thriving location. The existing building generates income, and the large lot provides significant expansion potential. The combination of commercial and potential residential development makes this a truly versatile investment. Buyers are responsible for verifying all zoning and usage information with the appropriate authorities.

Location Insight

City

Vallejo

County

Solano

State

California

Latitude

38.1105

Longitude

-122.259

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