Pride of Ownership Mixed Use Commercial Building

Highlights:

• Pride of ownership building in highly desirable city
• Rare opportunity in a supply constrained area
• Irreplaceable location and identity
• Fantastic opportunity for investor due to easy to rent spaces Owner/user opportunity (SBA financing available)
• Flexible zoning allows many retail and commercial uses

Description:

701 Southampton Road, Benicia, CA is a two-story, mixed use commercial building completed in 1978, remodeled in 2005/2006 and impeccably maintained since then. The property is located at the intersection of Highway 780 and Southampton Road, one of the busiest intersections in Benicia. It is located across the street from The Southampton Shopping Center, anchored by Raleys, Ace Hardware, Dollar Tree, Chase, and Burger King. The proximity to transportation, services, and Downtown Benicia makes this a rare opportunity.

Benicia is in Southern Solano County, 24 miles northeast of San Francisco, and 18 miles south of Napa. A waterfront city with a population of 28,000, Benicia is known for its small-town charm, history, and high quality of life with an abundance of leisure and recreational activities. Positioned between I-80 and I-680, residents have easy access to the East and North Bay regions. Top employers include Flatiron Construction Corporation, Valero Benicia Refinery, Cyclegear, Underground Construction, Benicia Unified School District, Therma-Flite, Delta Tech, Clean Harbors, SSA Marina, Anixter, and Bio-Rad Laboratories.

The complex is a wood frame structure with a stucco exterior and wood trim. It sits on a concrete slab foundation and has a pitched, tile roof. The building was built with an eye toward low maintenance and attractive finishes. It offers excellent identity and visibility as well as easy access. The property has benefited from recent paint, parking lot resurfacing, and some ADA improvements. The building is occupied by local business owners that include insurance providers, service providers, counselors, and financial services. The spaces range from 159 square feet to 1,000 square feet, with currently 16 tenants.

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