Overview

Description

Marcus & Millichap has been selected to exclusively market for sale 1301 Georgia Street in Vallejo, California, a ±16,985 square foot building on 0.73- acre signalized corner lot ideal for an owner-user or investor. The concrete block building is comprised of a showroom and automotive repair facility with multiple roll-up doors plus an additional ±2,000 square feet of mezzanine space ideal for conversion to offices or for additional storage. The property includes a large fenced concrete yard area.

1301 Georgia Street is well situated on a signalized hard corner block of two main thoroughfares (Georgia Street and Solano Avenue). Centrally located, the property is less than one mile from Downtown Vallejo, Interstate 80, and Highway 29. The property is zoned Neighborhood Mixed-Use (City of Vallejo), allowing for flexibility of use. The building was constructed in 1952, and initially served as a Ford dealership for over 50 years, before its eventual conversion into an Automotive Technician Training Program run by Solano Community College. Recently, the building was heavily featured in Netflix’s hit series 13 Reasons Why. This offering provides buyers with the opportunity to own an integral piece of Vallejo’s rich history.

The owners are offering seller financing with only 20 percent down payment at 4.5 percent interest for two years, then 5.5 percent interest for the following five years making this a rare opportunity to own an iconic and strategically located piece of real estate with only a $500,000 down payment.

Please contact the listing agents to schedule a tour.

Highlights

• Seller-Financing Available - 20% Down at 4.50% Initial Interest Rate
• Signalized Hard Corner Site Along Two Major Thoroughfares
• 16,985 Square Foot Building on 0.73-Acre Lot with Mezzanine Office
• Flexible Zoning - Formerly Used as Dealership, Showroom, & Repair Facility
• Excellent Visibility and Presence with Secured and Fenced Concrete Yard
• Offered At $2,500,000 - Well-Below Replacement Cost

Documents

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