528 Capitol ST new Save Request In-Person Tour Request Virtual Tour
Vallejo,CA 94590
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 325037979
Year Built 1924
Lot Size 6,499 Sqft
Property Sub-Type Mixed Use
Property Description
Redevelopment or Investment Opportunity - Downtown Vallejo Warehouse in Opportunity Zone. Located in the heart of downtown Vallejo, 528 Capitol Street is a unique mixed-use commercial property offering significant potential for both investors and developers. This 13,000 SF warehouse sits on a 6,534 SF lot and was originally constructed as a car dealership. The building still features a parking ramp capable of accommodating approximately 20 vehicles, adding to its versatility and value. Zoned X'' and situated within a designated Opportunity Zone, the property benefits from long-term tax advantages and flexible redevelopment potential. In the early 2000s, the building underwent a seismic retrofit, enhancing its structural integrity and making it well-positioned for a variety of future uses, including retail, light industrial, or mixed-use residential conversion (subject to city approvals). Currently 100% occupied by month-to-month tenants, the property offers immediate income with the flexibility to reposition or redevelop over time. Excellent access to I-80, the Port of Richmond, and public transit makes this location highly attractive for end users or investors seeking value in a growing market.Do not disturb tenants.
Location
State CA
County Solano
Area Vallejo 5
Exterior
Parking Features Street,Private,Garage
Building
Lot Description Low Maintenance
Story 3
Foundation Concrete
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
Virtual Tour https://vimeo.com/1078130429